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$3,120 (target)

3824 Shannon Dr, Harvey, LA 70058

3 beds • 2 baths • 1744 sqft

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This property might be a fair Mid-Term investment with a projected 9.45% first-year return on $69,324 initial cash invested.

9.45%

Cash On Cash

9.52%

Cap Rate

1.53

DSCR

$3,120

Rent

$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,120 income − $2,574 expenses = $546 cash flow

Income$3,120Mortgage P&I$1,26841%Property Taxes$1575%Insurance$883%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$546

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,324

Downpayment

20%

$48,880

Closing costs

1%

$2,444

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,120

Total Expenses

$2,574

Mortgage P&I

41%

$1,268

Property Taxes

5%

$157

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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