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$3,004 (target)

3001 Main St, La Place, LA 70068

3 beds • 2 baths • 1881 sqft

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This property could be a profitable Mid-Term investment with a projected 13.28% first-year return on $63,990 initial cash invested.

13.28%

Cash On Cash

10.76%

Cap Rate

1.73

DSCR

$3,004

Rent

$708

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $2,296 expenses = $708 cash flow

Income$3,004Mortgage P&I$1,13638%Property Taxes$632%Insurance$773%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$708

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,004

Total Expenses

$2,296

Mortgage P&I

38%

$1,136

Property Taxes

2%

$63

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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