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$1,649 (target)

212 Saint Matthias Dr, Carencro, LA 70520

3 beds • 2 baths • 1544 sqft

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This property looks like a bad Long-Term investment with a projected -4.36% first-year return on $46,830 initial cash invested.

-4.36%

Cash On Cash

5.78%

Cap Rate

0.92

DSCR

$1,649

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,649 income − $1,819 expenses = $170 out of pocket

Income$1,649Out of Pocket$170Mortgage P&I$1,16270%Property Taxes$1509%Insurance$795%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,830

Downpayment

20%

$44,600

Closing costs

1%

$2,230

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,649

Total Expenses

$1,819

Mortgage P&I

70%

$1,162

Property Taxes

9%

$150

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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