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$2,001 (target)

402 S Abney St, Minden, LA 71055

3 beds • 2 baths • 1350 sqft

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This property could be a profitable Mid-Term investment with a projected 16.49% first-year return on $42,780 initial cash invested.

16.49%

Cash On Cash

13.49%

Cap Rate

2.01

DSCR

$2,001

Rent

$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,001 income − $1,413 expenses = $588 cash flow

Income$2,001Mortgage P&I$65933%Property Taxes$332%Insurance$412%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%Cash Flow$588

Investment Breakdown

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Purchase Price

$118k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,780

Downpayment

20%

$23,600

Closing costs

1%

$1,180

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,001

Total Expenses

$1,413

Mortgage P&I

33%

$659

Property Taxes

2%

$33

Home Insurance

2%

$41

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

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