Closing on a duplex that we will be house-hacking in.Trying to figure out insurance.  

The 9 cap rating is a joke since there isn't anything listed for expenses accept insurance (which seems low) and taxes (will taxes go up now that it's not a vacant lot?

I filed an insurance claim for the water/mold, still spent $8,000 on repairing items the adjuster stated were not part of the original call (another lesson learned).

But those proceeds will be smaller and go towards my current mortgage.

Assumptions: Lowest Appraisal Loan INCOME AND RATE OF RETURN Purchase Price 154,900.00 Loan Amount 123,920.00 Down Payment 30,980.00 Estimated Annnual Gross Rents 15,540.00 Estimated Annual Equity Paydown 1,700.18 Estimated Annual Principal & Interest ($8,350.19) Estimated Annual Property Taxes ($3,000.00) Estimated Annual Homeowners Insurance ($746.78) Estimated Annual HOA Dues $0.00 Estimated Annual Management Fees ($1,877.75) Utility costs to be paid by landlord (if any) Annual $0.00 Lawn mainteannce costs to be paid by landlord (if any) Annual $0.00 Indirect Vacancy Allowance Annual ($) ($155.40) Repair Allowance Annual ($) ($621.60) Misc. bucket for costs per month Annual ($60.00) Estimated Annual Net Expenses ($14,811.72) SUMMARY OF RETURNS Estimated Annual Gross Income $2,428.46 Estimated Monthly Gross Income $202.37 Estimated Annual Gross ROI 7.84% ESTIMATE OF CASH FLOW Loan Amount 123,920.00 Interest Rate 5.40% Loan Term in Months 360 Estimated Principal & Interest ($695.85) Estimated Monthly Taxes ($250.00) Estimated Monthly Homeowners Insurance ($62.23) Estimated Monthly HOA Dues $0.00 Estimated Monthly - MISC ($69.75) Estimated Monthly Management Fees ($156.48) SUMMARY OF CASH FLOW Estimated Monthly Gross Cash Flow $60.69

Ditech is making the payments to Jane's insurance company.

Just to pick your brain a little more if possible, how would I find the fixed cost for my area (insurance, closing cost,commission,inspection fees etc..) would you recommend the same apps or something else?

How are the insurance premiums in Louisiana?

I understand the risk to that and feel as though I have accounted for that in my insurance planning. 

Cash flow isn’t great (~250/mo) so I’d like to get an estimate on what the place is worth and likely proceed to do a 1031 into something with a bit more cash flow (ideally a 2-4 unit) down in the Norfolk/Virginia Beach area.I have a property manager but I’m not thrilled with them so I’d like a recommendation from the BP community for a good real estate agent in the area.Thanks everyone!