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$1,499 (target)

901 S Chestnut St, Hammond, LA 70403

3 beds • 4 baths • 1004 sqft

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This property could be a profitable Long-Term investment with a projected 21.9% first-year return on $23,940 initial cash invested.

21.9%

Cash On Cash

11.85%

Cap Rate

1.83

DSCR

$1,499

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,499 income − $1,062 expenses = $437 cash flow

Income$1,499Mortgage P&I$61441%Property Taxes$232%Insurance$352%Management$15010%CapEx$755%Vacancy$906%Maintenance$755%Cash Flow$437

Investment Breakdown

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Purchase Price

$114k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,940

Downpayment

20%

$22,800

Closing costs

1%

$1,140

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,499

Total Expenses

$1,062

Mortgage P&I

41%

$614

Property Taxes

2%

$23

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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