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$1,836 (target)

180 Scarlet St, Opelousas, LA 70570

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 5.43% first-year return on $52,398 initial cash invested.

5.43%

Cash On Cash

8.51%

Cap Rate

1.36

DSCR

$1,836

Rent

$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,836 income − $1,599 expenses = $237 cash flow

Income$1,836Mortgage P&I$85246%Property Taxes$664%Insurance$583%Management$22012%CapEx$734%Vacancy$553%Maintenance$734%Other$20211%Cash Flow$237

Investment Breakdown

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Purchase Price

$164k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,398

Downpayment

20%

$32,760

Closing costs

1%

$1,638

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,836

Total Expenses

$1,599

Mortgage P&I

46%

$852

Property Taxes

4%

$66

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$220

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$202

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