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1616 N Johnson St, New Orleans, LA 70116

4 beds • 3 baths • 2258 sqft

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This property looks like a bad Long-Term investment with a projected -3.19% first-year return on $77,595 initial cash invested.

-3.19%

Cash On Cash

5.54%

Cap Rate

0.95

DSCR

$2,460

Rent

-$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,595

Downpayment

20%

$73,900

Closing costs

1%

$3,695

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,460

Total Expenses

$2,666

Mortgage P&I

73%

$1,790

Property Taxes

4%

$103

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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