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$1,300 (target)

1724 Polk St, Alexandria, LA 71301

3 beds • 2 baths • 1850 sqft

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This property could be a profitable Long-Term investment with a projected 62.13% first-year return on $11,550 initial cash invested.

62.13%

Cash On Cash

21.01%

Cap Rate

3.21

DSCR

$1,300

Rent

$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,300 income − $702 expenses = $598 cash flow

Income$1,300Mortgage P&I$30023%Property Taxes$453%Insurance$191%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%Cash Flow$598

Investment Breakdown

|

Purchase Price

$55,000

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,550

Downpayment

20%

$11,000

Closing costs

1%

$550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,300

Total Expenses

$702

Mortgage P&I

23%

$300

Property Taxes

3%

$45

Home Insurance

1%

$19

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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