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$2,682 (target)

1915 Illinois Ave, Kenner, LA 70062

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 7.14% first-year return on $66,405 initial cash invested.

7.14%

Cash On Cash

8.7%

Cap Rate

1.43

DSCR

$2,682

Rent

$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,682 income − $2,287 expenses = $395 cash flow

Income$2,682Mortgage P&I$1,17044%Property Taxes$1245%Insurance$823%Management$32212%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%Cash Flow$395

Investment Breakdown

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Purchase Price

$231k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,405

Downpayment

20%

$46,100

Closing costs

1%

$2,305

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,682

Total Expenses

$2,287

Mortgage P&I

44%

$1,170

Property Taxes

5%

$124

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

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