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$2,601 (target)

509 1st Ave, Harvey, LA 70058

3 beds • 2 baths • 1490 sqft

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This property could be a profitable Mid-Term investment with a projected 14.63% first-year return on $55,779 initial cash invested.

14.63%

Cash On Cash

11.51%

Cap Rate

1.83

DSCR

$2,601

Rent

$680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,601 income − $1,921 expenses = $680 cash flow

Income$2,601Mortgage P&I$94136%Property Taxes$331%Insurance$632%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$680

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,601

Total Expenses

$1,921

Mortgage P&I

36%

$941

Property Taxes

1%

$33

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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