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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 Airbnb investment with a projected -26.2% first-year return on $497k initial cash invested.

-26.2%

Cash On Cash

0.49%

Cap Rate

0.08

DSCR

$5,222

Rent

-$10,839

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

$497k

Downpayment

20%

$450k

Closing costs

1%

$22,500

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$5,222

Total Expenses

$16,061

Mortgage P&I

221%

$11,546

Property Taxes

23%

$1,220

Home Insurance

15%

$788

HOA

0%

$0

Property Management

15%

$783

CapEx

4%

$209

Vacancy

0%

$0

Maintenance

4%

$209

Other

25%

$1,306

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