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5036 Purdue Dr, Metairie, LA 70003

4 beds • 3 baths • 3396 sqft

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This property looks like a bad Long-Term investment with a projected -14.23% first-year return on $130k initial cash invested.

-14.23%

Cash On Cash

3.46%

Cap Rate

0.56

DSCR

$2,940

Rent

-$1,544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,940

Total Expenses

$4,484

Mortgage P&I

108%

$3,183

Property Taxes

11%

$320

Home Insurance

7%

$217

HOA

0%

$0

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$176

Maintenance

5%

$147

Other

0%

$0

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Comparable Property

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