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$3,136 (target)

2916 Ivy Pl, Chalmette, LA 70043

3 beds • 2 baths • 1420 sqft

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This property might be a fair Mid-Term investment with a projected 7.78% first-year return on $75,141 initial cash invested.

7.78%

Cash On Cash

8.71%

Cap Rate

1.45

DSCR

$3,136

Rent

$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,136 income − $2,649 expenses = $487 cash flow

Income$3,136Mortgage P&I$1,36443%Property Taxes$1224%Insurance$983%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%Cash Flow$487

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,141

Downpayment

20%

$54,420

Closing costs

1%

$2,721

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,136

Total Expenses

$2,649

Mortgage P&I

43%

$1,364

Property Taxes

4%

$122

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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