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$2,684 (target)

213 Colchester Dr, Broussard, LA 70518

3 beds • 2 baths • 1486 sqft

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This property might be a fair Mid-Term investment with a projected 5.65% first-year return on $68,190 initial cash invested.

5.65%

Cash On Cash

8.29%

Cap Rate

1.35

DSCR

$2,684

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,684 income − $2,363 expenses = $321 cash flow

Income$2,684Mortgage P&I$1,22446%Property Taxes$1425%Insurance$853%Management$32212%CapEx$1074%Vacancy$813%Maintenance$1074%Other$29511%Cash Flow$321

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,190

Downpayment

20%

$47,800

Closing costs

1%

$2,390

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,684

Total Expenses

$2,363

Mortgage P&I

46%

$1,224

Property Taxes

5%

$142

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

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