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$1,779 (target)

505 W Howze Beach Rd, Slidell, LA 70458

3 beds • 2 baths • 1402 sqft

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This property could be a profitable Long-Term investment with a projected 23.1% first-year return on $26,187 initial cash invested.

23.1%

Cash On Cash

12.22%

Cap Rate

1.88

DSCR

$1,779

Rent

$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,779 income − $1,275 expenses = $504 cash flow

Income$1,779Mortgage P&I$67738%Property Taxes$915%Insurance$442%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%Cash Flow$504

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,187

Downpayment

20%

$24,940

Closing costs

1%

$1,247

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,779

Total Expenses

$1,275

Mortgage P&I

38%

$677

Property Taxes

5%

$91

Home Insurance

2%

$44

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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