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$1,930 (target)

24044 Highway 157, Springhill, LA 71075

3 beds • 2 baths • 1885 sqft

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This property could be a profitable Mid-Term investment with a projected 11.24% first-year return on $46,329 initial cash invested.

11.24%

Cash On Cash

10.72%

Cap Rate

1.74

DSCR

$1,930

Rent

$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,930 income − $1,496 expenses = $434 cash flow

Income$1,930Mortgage P&I$69436%Property Taxes$995%Insurance$472%Management$23212%CapEx$774%Vacancy$583%Maintenance$774%Other$21211%Cash Flow$434

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,930

Total Expenses

$1,496

Mortgage P&I

36%

$694

Property Taxes

5%

$99

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$232

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$212

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