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$1,978 (target)

4904 Canal Dr, Alexandria, LA 71303

3 beds • 2 baths • 1680 sqft

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This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $57,690 initial cash invested.

3.64%

Cash On Cash

7.84%

Cap Rate

1.26

DSCR

$1,978

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $1,803 expenses = $175 cash flow

Income$1,978Mortgage P&I$98150%Property Taxes$844%Insurance$663%Management$23712%CapEx$794%Vacancy$593%Maintenance$794%Other$21811%Cash Flow$175

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,978

Total Expenses

$1,803

Mortgage P&I

50%

$981

Property Taxes

4%

$84

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$218

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