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$2,640 (target)

1005 Madison St, Gretna, LA 70053

3 beds • 2 baths • 1475 sqft

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This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $86,229 initial cash invested.

0.08%

Cash On Cash

6.3%

Cap Rate

1.07

DSCR

$2,640

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $2,634 expenses = $6 cash flow

Income$2,640Mortgage P&I$1,59560%Property Taxes$271%Insurance$1144%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29011%Cash Flow$6

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$2,634

Mortgage P&I

60%

$1,595

Property Taxes

1%

$27

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$290

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