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$3,226 (target)

4818 Stephen Girard Ave, New Orleans, LA 70126

3 beds • 2 baths • 2280 sqft

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This property could be a profitable Mid-Term investment with a projected 14.18% first-year return on $63,549 initial cash invested.

14.18%

Cash On Cash

11.07%

Cap Rate

1.79

DSCR

$3,226

Rent

$751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,226 income − $2,475 expenses = $751 cash flow

Income$3,226Mortgage P&I$1,12035%Property Taxes$1816%Insurance$772%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$751

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,549

Downpayment

20%

$43,380

Closing costs

1%

$2,169

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,226

Total Expenses

$2,475

Mortgage P&I

35%

$1,120

Property Taxes

6%

$181

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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