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$3,180 (target)

1609 Celtic Dr, Marrero, LA 70072

3 beds • 2 baths • 1700 sqft

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This property could be a profitable Mid-Term investment with a projected 10.52% first-year return on $74,490 initial cash invested.

10.52%

Cash On Cash

9.29%

Cap Rate

1.6

DSCR

$3,180

Rent

$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,180 income − $2,527 expenses = $653 cash flow

Income$3,180Mortgage P&I$1,30341%Property Taxes$492%Insurance$943%Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$653

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,180

Total Expenses

$2,527

Mortgage P&I

41%

$1,303

Property Taxes

2%

$49

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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