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$2,802 (target)

13423 Clear Oak Ave, Baton Rouge, LA 70818

3 beds • 2 baths • 1706 sqft

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This property might be a fair Mid-Term investment with a projected 9.18% first-year return on $67,350 initial cash invested.

9.18%

Cash On Cash

9.35%

Cap Rate

1.52

DSCR

$2,802

Rent

$515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,802 income − $2,287 expenses = $515 cash flow

Income$2,802Mortgage P&I$1,20443%Property Taxes$492%Insurance$823%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$515

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,802

Total Expenses

$2,287

Mortgage P&I

43%

$1,204

Property Taxes

2%

$49

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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