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3225 39th St, Metairie, LA 70001

3 beds • 2 baths • 1616 sqft

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This property could be a profitable Mid-Term investment with a projected 12.17% first-year return on $86,460 initial cash invested.

12.17%

Cash On Cash

9.56%

Cap Rate

1.67

DSCR

$4,076

Rent

$877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,460

Downpayment

20%

$65,200

Closing costs

1%

$3,260

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,076

Total Expenses

$3,199

Mortgage P&I

38%

$1,556

Property Taxes

3%

$127

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

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