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$2,559 (target)

2065 Abundance St, New Orleans, LA 70122

3 beds • 2 baths • 1238 sqft

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This property looks like a bad Mid-Term investment with a projected -0.1% first-year return on $71,109 initial cash invested.

-0.1%

Cash On Cash

6.91%

Cap Rate

1.07

DSCR

$2,559

Rent

-$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,559 income − $2,565 expenses = $6 out of pocket

Income$2,559Out of Pocket$6Mortgage P&I$1,36153%Property Taxes$24410%Insurance$914%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,109

Downpayment

20%

$50,580

Closing costs

1%

$2,529

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,559

Total Expenses

$2,565

Mortgage P&I

53%

$1,361

Property Taxes

10%

$244

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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