REI Lense

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$3,650 (target)

397 Brown Thrasher Loop S, Madisonville, LA 70447

3 beds • 2 baths • 1996 sqft

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This property might be a fair Mid-Term investment with a projected 4.68% first-year return on $89,778 initial cash invested.

4.68%

Cash On Cash

7.61%

Cap Rate

1.3

DSCR

$3,650

Rent

$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,650 income − $3,300 expenses = $350 cash flow

Income$3,650Mortgage P&I$1,67346%Property Taxes$1995%Insurance$1223%HOA$642%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$350

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,778

Downpayment

20%

$68,360

Closing costs

1%

$3,418

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,650

Total Expenses

$3,300

Mortgage P&I

46%

$1,673

Property Taxes

5%

$199

Home Insurance

3%

$122

HOA

2%

$64

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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