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$2,336 (target)

1004 Varnado St, Hammond, LA 70403

3 beds • 2 baths • 1288 sqft

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This property could be a profitable Mid-Term investment with a projected 10.75% first-year return on $56,283 initial cash invested.

10.75%

Cash On Cash

10.03%

Cap Rate

1.64

DSCR

$2,336

Rent

$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $1,832 expenses = $504 cash flow

Income$2,336Mortgage P&I$92640%Property Taxes$482%Insurance$653%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$504

Investment Breakdown

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Purchase Price

$182k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,283

Downpayment

20%

$36,460

Closing costs

1%

$1,823

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$1,832

Mortgage P&I

40%

$926

Property Taxes

2%

$48

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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