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$3,171 (target)

76196 Highway 1077, Folsom, LA 70437

3 beds • 2 baths • 1707 sqft

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This property looks like a bad Mid-Term investment with a projected -3.33% first-year return on $109k initial cash invested.

-3.33%

Cash On Cash

5.61%

Cap Rate

0.92

DSCR

$3,171

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,171 income − $3,474 expenses = $303 out of pocket

Income$3,171Out of Pocket$303Mortgage P&I$2,20770%Property Taxes$833%Insurance$1053%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,920

Closing costs

1%

$4,346

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,171

Total Expenses

$3,474

Mortgage P&I

70%

$2,207

Property Taxes

3%

$83

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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