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508 Revere Dr, La Place, LA 70068

8 beds • 8 baths • 3400 sqft

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This property could be a profitable Long-Term investment with a projected 32.92% first-year return on $80,000 initial cash invested.

32.92%

Cash On Cash

12.97%

Cap Rate

2.03

DSCR

$5,324

Rent

$2,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,000

Downpayment

20%

$80,000

Closing costs

0%

$0

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,324

Total Expenses

$3,129

Mortgage P&I

40%

$2,129

Property Taxes

9%

$500

Home Insurance

9%

$500

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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