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$2,700 (target)

624 Americus St, Gretna, LA 70053

3 beds • 2 baths • 1176 sqft

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This property might be a fair Mid-Term investment with a projected 7.12% first-year return on $68,295 initial cash invested.

7.12%

Cash On Cash

8.75%

Cap Rate

1.42

DSCR

$2,700

Rent

$405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,700 income − $2,295 expenses = $405 cash flow

Income$2,700Mortgage P&I$1,23446%Property Taxes$562%Insurance$873%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$405

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,295

Downpayment

20%

$47,900

Closing costs

1%

$2,395

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,700

Total Expenses

$2,295

Mortgage P&I

46%

$1,234

Property Taxes

2%

$56

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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