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$2,962 (target)

2664 Cedar Creek St, Marrero, LA 70072

3 beds • 2 baths • 1492 sqft

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This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $75,540 initial cash invested.

3.11%

Cash On Cash

7.58%

Cap Rate

1.22

DSCR

$2,962

Rent

$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,962 income − $2,766 expenses = $196 cash flow

Income$2,962Mortgage P&I$1,41648%Property Taxes$2488%Insurance$963%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$196

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,540

Downpayment

20%

$54,800

Closing costs

1%

$2,740

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,962

Total Expenses

$2,766

Mortgage P&I

48%

$1,416

Property Taxes

8%

$248

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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