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$3,802 (target)

1508 Cherry Ridge Ct, Mandeville, LA 70448

3 beds • 2 baths • 1931 sqft

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This property could be a profitable Mid-Term investment with a projected 11.28% first-year return on $78,942 initial cash invested.

11.28%

Cash On Cash

9.73%

Cap Rate

1.61

DSCR

$3,802

Rent

$742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,802 income − $3,060 expenses = $742 cash flow

Income$3,802Mortgage P&I$1,45838%Property Taxes$2055%Insurance$1053%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%Cash Flow$742

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,942

Downpayment

20%

$58,040

Closing costs

1%

$2,902

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,802

Total Expenses

$3,060

Mortgage P&I

38%

$1,458

Property Taxes

5%

$205

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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