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1514 Nashville Ave, New Orleans, LA 70115

4 beds • 4 baths • 3432 sqft

$2,250,000

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This property looks like a bad Long-Term investment with a projected -25.76% first-year return on $473k initial cash invested.

-25.76%

Cash On Cash

0.83%

Cap Rate

0.14

DSCR

$4,520

Rent

-$10,142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2250k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$473k

Downpayment

20%

$450k

Closing costs

1%

$22,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,520

Total Expenses

$14,662

Mortgage P&I

254%

$11,479

Property Taxes

27%

$1,220

Home Insurance

17%

$788

HOA

0%

$0

Property Management

10%

$452

CapEx

5%

$226

Vacancy

6%

$271

Maintenance

5%

$226

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

5517 Prytania St, New Orleans, LA 70115

$5,800

4

3.5

3712

0.3 mi

2230 Palmer Ave, New Orleans, LA 70118

$3,400

4

3

2939

0.6 mi

1509 Robert St, New Orleans, LA 70115

$3,950

4

2

3000

0.6 mi

725 Nashville Ave, New Orleans, LA 70115

$5,750

3

3.5

2920

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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