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$3,027 (target)

4108 Prentiss Ave, New Orleans, LA 70126

3 beds • 2 baths • 1615 sqft

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This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $80,202 initial cash invested.

3.17%

Cash On Cash

7.38%

Cap Rate

1.22

DSCR

$3,027

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,027 income − $2,815 expenses = $212 cash flow

Income$3,027Mortgage P&I$1,48949%Property Taxes$1926%Insurance$1053%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$212

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,202

Downpayment

20%

$59,240

Closing costs

1%

$2,962

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,027

Total Expenses

$2,815

Mortgage P&I

49%

$1,489

Property Taxes

6%

$192

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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