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$1,625 (target)

515 Diplomat St, Gretna, LA 70056

3 beds • 2 baths • 1004 sqft

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This property might be a fair Long-Term investment with a projected 7.32% first-year return on $36,078 initial cash invested.

7.32%

Cash On Cash

8.35%

Cap Rate

1.34

DSCR

$1,625

Rent

$220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,625 income − $1,405 expenses = $220 cash flow

Income$1,625Mortgage P&I$89455%Property Taxes$292%Insurance$604%Management$16210%CapEx$815%Vacancy$986%Maintenance$815%Cash Flow$220

Investment Breakdown

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Purchase Price

$172k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,078

Downpayment

20%

$34,360

Closing costs

1%

$1,718

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,625

Total Expenses

$1,405

Mortgage P&I

55%

$894

Property Taxes

2%

$29

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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