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$1,950 (target)

1724 Polk St, Alexandria, LA 71301

3 beds • 2 baths • 1850 sqft

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This property could be a profitable Mid-Term investment with a projected 37.52% first-year return on $29,550 initial cash invested.

37.52%

Cash On Cash

28.41%

Cap Rate

4.34

DSCR

$1,950

Rent

$924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,950 income − $1,026 expenses = $924 cash flow

Income$1,950Mortgage P&I$30015%Property Taxes$452%Insurance$191%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$924

Investment Breakdown

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Purchase Price

$55,000

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,550

Downpayment

20%

$11,000

Closing costs

1%

$550

Rehab

0%

$0

Furnishing

33%

$18,000

Cashflow

Total Income

$1,950

Total Expenses

$1,026

Mortgage P&I

15%

$300

Property Taxes

2%

$45

Home Insurance

1%

$19

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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