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$2,716 (target)

14259 Highway 22, Ponchatoula, LA 70454

3 beds • 2 baths • 1586 sqft

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This property might be a fair Mid-Term investment with a projected 9.14% first-year return on $65,250 initial cash invested.

9.14%

Cash On Cash

9.47%

Cap Rate

1.52

DSCR

$2,716

Rent

$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,716 income − $2,219 expenses = $497 cash flow

Income$2,716Mortgage P&I$1,17043%Property Taxes$462%Insurance$793%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$497

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,716

Total Expenses

$2,219

Mortgage P&I

43%

$1,170

Property Taxes

2%

$46

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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