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$2,043 (target)

311 Auburn Dr, Carencro, LA 70520

3 beds • 2 baths • 1078 sqft

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This property could be a profitable Mid-Term investment with a projected 14.66% first-year return on $45,342 initial cash invested.

14.66%

Cash On Cash

12.01%

Cap Rate

1.95

DSCR

$2,043

Rent

$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,043 income − $1,489 expenses = $554 cash flow

Income$2,043Mortgage P&I$66733%Property Taxes$814%Insurance$462%Management$24512%CapEx$824%Vacancy$613%Maintenance$824%Other$22511%Cash Flow$554

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,342

Downpayment

20%

$26,040

Closing costs

1%

$1,302

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,043

Total Expenses

$1,489

Mortgage P&I

33%

$667

Property Taxes

4%

$81

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$245

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

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