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$3,034 (target)

11240 Winrock Dr, New Orleans, LA 70128

3 beds • 2 baths • 2510 sqft

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This property could be a profitable Mid-Term investment with a projected 12.53% first-year return on $61,680 initial cash invested.

12.53%

Cash On Cash

10.69%

Cap Rate

1.7

DSCR

$3,034

Rent

$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $2,390 expenses = $644 cash flow

Income$3,034Mortgage P&I$1,08836%Property Taxes$1686%Insurance$752%HOA$281%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$644

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,034

Total Expenses

$2,390

Mortgage P&I

36%

$1,088

Property Taxes

6%

$168

Home Insurance

2%

$75

HOA

1%

$28

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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