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1311 Flood St, New Orleans, LA 70117

4 beds • 2 baths • 1320 sqft

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This property could be a profitable Long-Term investment with a projected 23.86% first-year return on $31,479 initial cash invested.

23.86%

Cash On Cash

11.74%

Cap Rate

1.97

DSCR

$1,930

Rent

$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,930

Total Expenses

$1,304

Mortgage P&I

39%

$744

Property Taxes

1%

$10

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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