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$2,022 (target)

1504 Pitreville Hwy, Church Point, LA 70525

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $57,879 initial cash invested.

5.14%

Cash On Cash

8.16%

Cap Rate

1.34

DSCR

$2,022

Rent

$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,022 income − $1,774 expenses = $248 cash flow

Income$2,022Mortgage P&I$96348%Property Taxes$573%Insurance$663%Management$24312%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%Cash Flow$248

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,022

Total Expenses

$1,774

Mortgage P&I

48%

$963

Property Taxes

3%

$57

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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