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$2,229 (target)

11563 Wardline Rd, Hammond, LA 70401

3 beds • 2 baths • 1311 sqft

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This property could be a profitable Mid-Term investment with a projected 12.63% first-year return on $52,923 initial cash invested.

12.63%

Cash On Cash

10.75%

Cap Rate

1.77

DSCR

$2,229

Rent

$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,229 income − $1,672 expenses = $557 cash flow

Income$2,229Mortgage P&I$84438%Property Taxes$11Insurance$603%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$557

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,923

Downpayment

20%

$33,260

Closing costs

1%

$1,663

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,229

Total Expenses

$1,672

Mortgage P&I

38%

$844

Property Taxes

0%

$11

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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