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$2,662 (target)

31074 Shannon Dr, Lacombe, LA 70445

3 beds • 2 baths • 1858 sqft

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This property might be a fair Mid-Term investment with a projected 1.89% first-year return on $74,889 initial cash invested.

1.89%

Cash On Cash

7.14%

Cap Rate

1.16

DSCR

$2,662

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,662 income − $2,544 expenses = $118 cash flow

Income$2,662Mortgage P&I$1,38852%Property Taxes$1415%Insurance$763%HOA$351%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29311%Cash Flow$118

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,889

Downpayment

20%

$54,180

Closing costs

1%

$2,709

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,662

Total Expenses

$2,544

Mortgage P&I

52%

$1,388

Property Taxes

5%

$141

Home Insurance

3%

$76

HOA

1%

$35

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

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