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$2,888 (target)

3452 Prescott Rd, Alexandria, LA 71301

3 beds • 2 baths • 2019 sqft

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This property could be a profitable Mid-Term investment with a projected 12.92% first-year return on $61,029 initial cash invested.

12.92%

Cash On Cash

10.75%

Cap Rate

1.73

DSCR

$2,888

Rent

$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,888 income − $2,231 expenses = $657 cash flow

Income$2,888Mortgage P&I$1,06337%Property Taxes$1104%Insurance$743%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$657

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,029

Downpayment

20%

$40,980

Closing costs

1%

$2,049

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,888

Total Expenses

$2,231

Mortgage P&I

37%

$1,063

Property Taxes

4%

$110

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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