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$1,970 (target)

3308 Black Lake Cir, Bossier City, LA 71112

3 beds • 2 baths • 1170 sqft

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This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $53,679 initial cash invested.

6.84%

Cash On Cash

8.86%

Cap Rate

1.44

DSCR

$1,970

Rent

$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,970 income − $1,664 expenses = $306 cash flow

Income$1,970Mortgage P&I$87044%Property Taxes$643%Insurance$603%Management$23612%CapEx$794%Vacancy$593%Maintenance$794%Other$21711%Cash Flow$306

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,970

Total Expenses

$1,664

Mortgage P&I

44%

$870

Property Taxes

3%

$64

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$236

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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