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$2,616 (target)

406 Rue Ciel, Carencro, LA 70520

3 beds • 2 baths • 1501 sqft

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This property might be a fair Mid-Term investment with a projected 7.23% first-year return on $64,263 initial cash invested.

7.23%

Cash On Cash

8.85%

Cap Rate

1.43

DSCR

$2,616

Rent

$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,229 expenses = $387 cash flow

Income$2,616Mortgage P&I$1,13243%Property Taxes$1295%Insurance$783%Management$31412%CapEx$1054%Vacancy$783%Maintenance$1054%Other$28811%Cash Flow$387

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,263

Downpayment

20%

$44,060

Closing costs

1%

$2,203

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,229

Mortgage P&I

43%

$1,132

Property Taxes

5%

$129

Home Insurance

3%

$78

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$288

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