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$1,300 (target)

1257 Prairie Ronde Hwy, Opelousas, LA 70570

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -4.79% first-year return on $40,341 initial cash invested.

-4.79%

Cash On Cash

5.64%

Cap Rate

0.9

DSCR

$1,300

Rent

-$161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,300 income − $1,461 expenses = $161 out of pocket

Income$1,300Out of Pocket$161Mortgage P&I$99977%Property Taxes$453%Insurance$796%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,300

Total Expenses

$1,461

Mortgage P&I

77%

$999

Property Taxes

3%

$45

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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