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$2,072 (target)

804 W Charles St, Hammond, LA 70401

3 beds • 4 baths • 4524 sqft

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This property looks like a bad Mid-Term investment with a projected -9.88% first-year return on $86,250 initial cash invested.

-9.88%

Cash On Cash

3.8%

Cap Rate

0.62

DSCR

$2,072

Rent

-$710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,072 income − $2,782 expenses = $710 out of pocket

Income$2,072Out of Pocket$710Mortgage P&I$1,65780%Property Taxes$965%Insurance$32416%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,072

Total Expenses

$2,782

Mortgage P&I

80%

$1,657

Property Taxes

5%

$96

Home Insurance

16%

$324

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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