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$3,196 (target)

616 Fairway Dr, La Place, LA 70068

3 beds • 2 baths • 1458 sqft

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This property could be a profitable Mid-Term investment with a projected 18.64% first-year return on $60,777 initial cash invested.

18.64%

Cash On Cash

12.52%

Cap Rate

2.02

DSCR

$3,196

Rent

$944

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,196 income − $2,252 expenses = $944 cash flow

Income$3,196Mortgage P&I$1,05333%Property Taxes$291%Insurance$823%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$944

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,777

Downpayment

20%

$40,740

Closing costs

1%

$2,037

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,196

Total Expenses

$2,252

Mortgage P&I

33%

$1,053

Property Taxes

1%

$29

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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