REI Lense

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$2,433 (target)

397 Brown Thrasher Loop S, Madisonville, LA 70447

3 beds • 2 baths • 1996 sqft

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This property looks like a bad Long-Term investment with a projected -4.31% first-year return on $71,778 initial cash invested.

-4.31%

Cash On Cash

5.4%

Cap Rate

0.92

DSCR

$2,433

Rent

-$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,433 income − $2,691 expenses = $258 out of pocket

Income$2,433Out of Pocket$258Mortgage P&I$1,67369%Property Taxes$1998%Insurance$1225%HOA$643%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,778

Downpayment

20%

$68,360

Closing costs

1%

$3,418

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,433

Total Expenses

$2,691

Mortgage P&I

69%

$1,673

Property Taxes

8%

$199

Home Insurance

5%

$122

HOA

3%

$64

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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