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$2,422 (target)

8005 Lehigh St, New Orleans, LA 70127

3 beds • 2 baths • 1326 sqft

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This property could be a profitable Mid-Term investment with a projected 10.28% first-year return on $58,341 initial cash invested.

10.28%

Cash On Cash

9.86%

Cap Rate

1.61

DSCR

$2,422

Rent

$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,422 income − $1,922 expenses = $500 cash flow

Income$2,422Mortgage P&I$98141%Property Taxes$542%Insurance$633%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$500

Investment Breakdown

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Purchase Price

$192k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,341

Downpayment

20%

$38,420

Closing costs

1%

$1,921

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,422

Total Expenses

$1,922

Mortgage P&I

41%

$981

Property Taxes

2%

$54

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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