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$1,964 (target)

1644 Prayer House Rd, Opelousas, LA 70570

3 beds • 2 baths • 2066 sqft

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This property looks like a bad Mid-Term investment with a projected -13.36% first-year return on $120k initial cash invested.

-13.36%

Cash On Cash

2.84%

Cap Rate

0.48

DSCR

$1,964

Rent

-$1,337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,964 income − $3,301 expenses = $1,337 out of pocket

Income$1,964Out of Pocket$1,337Mortgage P&I$2,410123%Property Taxes$1075%Insurance$1156%Management$23612%CapEx$794%Vacancy$593%Maintenance$794%Other$21611%

Investment Breakdown

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Purchase Price

$486k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,220

Closing costs

1%

$4,861

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,964

Total Expenses

$3,301

Mortgage P&I

123%

$2,410

Property Taxes

5%

$107

Home Insurance

6%

$115

HOA

0%

$0

Property Management

12%

$236

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$216

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