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1311 Flood St, New Orleans, LA 70117

3 beds • 2 baths • 1320 sqft

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This property could be a profitable Mid-Term investment with a projected 31.04% first-year return on $49,479 initial cash invested.

31.04%

Cash On Cash

17.21%

Cap Rate

2.89

DSCR

$3,156

Rent

$1,280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,156

Total Expenses

$1,876

Mortgage P&I

24%

$744

Property Taxes

0%

$10

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$379

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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