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$2,722 (target)

1309 Madewood Rd, La Place, LA 70068

3 beds • 2 baths • 1458 sqft

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This property could be a profitable Mid-Term investment with a projected 10.01% first-year return on $63,150 initial cash invested.

10.01%

Cash On Cash

9.78%

Cap Rate

1.57

DSCR

$2,722

Rent

$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,722 income − $2,195 expenses = $527 cash flow

Income$2,722Mortgage P&I$1,11641%Property Taxes$783%Insurance$753%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%Cash Flow$527

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,722

Total Expenses

$2,195

Mortgage P&I

41%

$1,116

Property Taxes

3%

$78

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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