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$3,408 (target)

2120 Newton St, Gretna, LA 70056

3 beds • 2 baths • 1427 sqft

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This property could be a profitable Mid-Term investment with a projected 19.93% first-year return on $62,562 initial cash invested.

19.93%

Cash On Cash

12.79%

Cap Rate

2.08

DSCR

$3,408

Rent

$1,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,408 income − $2,369 expenses = $1,039 cash flow

Income$3,408Mortgage P&I$1,08732%Property Taxes$471%Insurance$772%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$1,039

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,562

Downpayment

20%

$42,440

Closing costs

1%

$2,122

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,408

Total Expenses

$2,369

Mortgage P&I

32%

$1,087

Property Taxes

1%

$47

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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