Zip Code 70458 — Slidell, LA
🟢GOOD— solid returnsCap Rate
7.0%
Monthly Cash Flow
+$108
Median Home Price
$220,021
DSCR
1.09
Fair Market Rents
- Studio
- $1,090/mo
- 1 Bedroom
- $1,270/mo
- 2 Bedroom
- $1,510/mo
- 3 Bedroom
- $1,940/mo
- 4 Bedroom
- $2,260/mo
Investment Metrics
- Cap Rate
- 7.0%
- Cash-on-Cash Return
- 2.6%
- Price-to-Rent Ratio
- 9.5
- 1% Rule
- 0.88%
- Gross Rent Multiplier
- 9.5
- Vacancy Rate
- 8.0%
Assumptions Used
20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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