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$2,814 (target)

1824 Allen St, New Orleans, LA 70116

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Mid-Term investment with a projected 22.86% first-year return on $48,618 initial cash invested.

22.86%

Cash On Cash

14.63%

Cap Rate

2.41

DSCR

$2,814

Rent

$926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,814 income − $1,888 expenses = $926 cash flow

Income$2,814Mortgage P&I$73926%Property Taxes$1395%Insurance$522%Management$33812%CapEx$1134%Vacancy$843%Maintenance$1134%Other$31011%Cash Flow$926

Investment Breakdown

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Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,618

Downpayment

20%

$29,160

Closing costs

1%

$1,458

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,814

Total Expenses

$1,888

Mortgage P&I

26%

$739

Property Taxes

5%

$139

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$84

Maintenance

4%

$113

Other

11%

$310

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