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$2,924 (target)

508 Emancipation Dr, Broussard, LA 70518

3 beds • 2 baths • 1673 sqft

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This property might be a fair Mid-Term investment with a projected 8.08% first-year return on $70,542 initial cash invested.

8.08%

Cash On Cash

8.71%

Cap Rate

1.48

DSCR

$2,924

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,924 income − $2,449 expenses = $475 cash flow

Income$2,924Mortgage P&I$1,22342%Property Taxes$1425%Insurance$893%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$475

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,542

Downpayment

20%

$50,040

Closing costs

1%

$2,502

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,924

Total Expenses

$2,449

Mortgage P&I

42%

$1,223

Property Taxes

5%

$142

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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