REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2238 Octavia St, New Orleans, LA 70115

4 beds • 3 baths • 2535 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.03% first-year return on $201k initial cash invested.

-14.03%

Cash On Cash

2.85%

Cap Rate

0.48

DSCR

$5,418

Rent

-$2,356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$845k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$169k

Closing costs

1%

$8,450

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$5,418

Total Expenses

$7,774

Mortgage P&I

77%

$4,146

Property Taxes

13%

$731

Home Insurance

5%

$296

HOA

0%

$0

Property Management

15%

$813

CapEx

4%

$217

Vacancy

0%

$0

Maintenance

4%

$217

Other

25%

$1,354

Loading map...

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis