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$1,950 (target)

1257 Prairie Ronde Hwy, Opelousas, LA 70570

3 beds • 2 baths • 1404 sqft

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This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $58,341 initial cash invested.

3.39%

Cash On Cash

7.76%

Cap Rate

1.24

DSCR

$1,950

Rent

$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,950 income − $1,785 expenses = $165 cash flow

Income$1,950Mortgage P&I$99951%Property Taxes$452%Insurance$794%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$165

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,950

Total Expenses

$1,785

Mortgage P&I

51%

$999

Property Taxes

2%

$45

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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