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$2,328 (target)

317 Magnolia Ave, La Place, LA 70068

3 beds • 2 baths • 1207 sqft

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This property could be a profitable Mid-Term investment with a projected 16.2% first-year return on $48,954 initial cash invested.

16.2%

Cash On Cash

12.18%

Cap Rate

2.02

DSCR

$2,328

Rent

$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,328 income − $1,667 expenses = $661 cash flow

Income$2,328Mortgage P&I$74232%Property Taxes$824%Insurance$522%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%Cash Flow$661

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,954

Downpayment

20%

$29,480

Closing costs

1%

$1,474

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,328

Total Expenses

$1,667

Mortgage P&I

32%

$742

Property Taxes

4%

$82

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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