REI Lense

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$1,744 (target)

1500 Tiffany Dr, La Place, LA 70068

3 beds • 2 baths • 1559 sqft

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This property might be a fair Long-Term investment with a projected 5.12% first-year return on $41,034 initial cash invested.

5.12%

Cash On Cash

7.84%

Cap Rate

1.26

DSCR

$1,744

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,744 income − $1,569 expenses = $175 cash flow

Income$1,744Mortgage P&I$1,01458%Property Taxes$563%Insurance$463%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%Cash Flow$175

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,034

Downpayment

20%

$39,080

Closing costs

1%

$1,954

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,744

Total Expenses

$1,569

Mortgage P&I

58%

$1,014

Property Taxes

3%

$56

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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