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$6,018 (target)

827 Lowerline St, New Orleans, LA 70118

3 beds • 2 baths • 2151 sqft

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This property looks like a bad Mid-Term investment with a projected -2.15% first-year return on $160k initial cash invested.

-2.15%

Cash On Cash

5.99%

Cap Rate

0.99

DSCR

$6,018

Rent

-$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,018 income − $6,304 expenses = $286 out of pocket

Income$6,018Out of Pocket$286Mortgage P&I$3,41357%Property Taxes$60810%Insurance$2364%Management$72212%CapEx$2414%Vacancy$1813%Maintenance$2414%Other$66211%

Investment Breakdown

|

Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,018

Total Expenses

$6,304

Mortgage P&I

57%

$3,413

Property Taxes

10%

$608

Home Insurance

4%

$236

HOA

0%

$0

Property Management

12%

$722

CapEx

4%

$241

Vacancy

3%

$181

Maintenance

4%

$241

Other

11%

$662

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