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$2,622 (target)

3901 Jacob Dr, Chalmette, LA 70043

3 beds • 2 baths • 1450 sqft

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This property might be a fair Mid-Term investment with a projected 3.23% first-year return on $73,965 initial cash invested.

3.23%

Cash On Cash

7.57%

Cap Rate

1.22

DSCR

$2,622

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,622 income − $2,423 expenses = $199 cash flow

Income$2,622Mortgage P&I$1,37853%Property Taxes$582%Insurance$954%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$199

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,965

Downpayment

20%

$53,300

Closing costs

1%

$2,665

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,622

Total Expenses

$2,423

Mortgage P&I

53%

$1,378

Property Taxes

2%

$58

Home Insurance

4%

$95

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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