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$2,248 (target)

901 S Chestnut St, Hammond, LA 70403

3 beds • 4 baths • 1004 sqft

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This property could be a profitable Mid-Term investment with a projected 23.23% first-year return on $41,940 initial cash invested.

23.23%

Cash On Cash

15.96%

Cap Rate

2.47

DSCR

$2,248

Rent

$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $1,436 expenses = $812 cash flow

Income$2,248Mortgage P&I$61427%Property Taxes$231%Insurance$352%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$812

Investment Breakdown

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Purchase Price

$114k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,940

Downpayment

20%

$22,800

Closing costs

1%

$1,140

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,248

Total Expenses

$1,436

Mortgage P&I

27%

$614

Property Taxes

1%

$23

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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