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$1,950 (target)

600 Creswell Ln, Opelousas, LA 70570

3 beds • 2 baths • 1352 sqft

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This property could be a profitable Mid-Term investment with a projected 19.96% first-year return on $40,575 initial cash invested.

19.96%

Cash On Cash

14.5%

Cap Rate

2.38

DSCR

$1,950

Rent

$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,950 income − $1,275 expenses = $675 cash flow

Income$1,950Mortgage P&I$54628%Property Taxes$291%Insurance$382%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$675

Investment Breakdown

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Purchase Price

$108k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,575

Downpayment

20%

$21,500

Closing costs

1%

$1,075

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,950

Total Expenses

$1,275

Mortgage P&I

28%

$546

Property Taxes

1%

$29

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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