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$2,703 (target)

123 Washington St, Minden, LA 71055

3 beds • 2 baths • 1725 sqft

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This property could be a profitable Mid-Term investment with a projected 27.5% first-year return on $45,636 initial cash invested.

27.5%

Cash On Cash

16.61%

Cap Rate

2.73

DSCR

$2,703

Rent

$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $1,657 expenses = $1,046 cash flow

Income$2,703Mortgage P&I$66825%Property Taxes$171%Insurance$542%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$1,046

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,636

Downpayment

20%

$26,320

Closing costs

1%

$1,316

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,703

Total Expenses

$1,657

Mortgage P&I

25%

$668

Property Taxes

1%

$17

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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