REI Lense

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$2,759 (target)

2903 Stacey Rd, Broussard, LA 70518

3 beds • 2 baths • 2194 sqft

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This property could be a profitable Long-Term investment with a projected 17.86% first-year return on $47,565 initial cash invested.

17.86%

Cash On Cash

10.63%

Cap Rate

1.73

DSCR

$2,759

Rent

$708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,759 income − $2,051 expenses = $708 cash flow

Income$2,759Mortgage P&I$1,16042%Property Taxes$1034%Insurance$703%Management$27610%CapEx$1385%Vacancy$1666%Maintenance$1385%Cash Flow$708

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,565

Downpayment

20%

$45,300

Closing costs

1%

$2,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,759

Total Expenses

$2,051

Mortgage P&I

42%

$1,160

Property Taxes

4%

$103

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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