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$2,478 (target)

2022 Polk St, Alexandria, LA 71301

3 beds • 2 baths • 1743 sqft

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This property could be a profitable Mid-Term investment with a projected 10.1% first-year return on $57,039 initial cash invested.

10.1%

Cash On Cash

9.88%

Cap Rate

1.61

DSCR

$2,478

Rent

$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,478 income − $1,998 expenses = $480 cash flow

Income$2,478Mortgage P&I$95238%Property Taxes$1386%Insurance$663%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27311%Cash Flow$480

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,039

Downpayment

20%

$37,180

Closing costs

1%

$1,859

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,478

Total Expenses

$1,998

Mortgage P&I

38%

$952

Property Taxes

6%

$138

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$273

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