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$2,674 (target)

2552 Jack Martin Rd, Minden, LA 71055

3 beds • 2 baths • 1915 sqft

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This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $70,280 initial cash invested.

5.41%

Cash On Cash

8.14%

Cap Rate

1.34

DSCR

$2,674

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,674 income − $2,357 expenses = $317 cash flow

Income$2,674Mortgage P&I$1,26447%Property Taxes$974%Insurance$873%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%Cash Flow$317

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,280

Downpayment

20%

$49,790

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,674

Total Expenses

$2,357

Mortgage P&I

47%

$1,264

Property Taxes

4%

$97

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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