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$1,425 (target)

25307 Chef Menteur Hwy, New Orleans, LA 70129

3 beds • 3 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -20.16% first-year return on $79,464 initial cash invested.

-20.16%

Cash On Cash

2.18%

Cap Rate

0.35

DSCR

$1,425

Rent

-$1,335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,425 income − $2,760 expenses = $1,335 out of pocket

Income$1,425Out of Pocket$1,335Mortgage P&I$1,953137%Property Taxes$29921%Insurance$13810%Management$14210%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,464

Downpayment

20%

$75,680

Closing costs

1%

$3,784

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,425

Total Expenses

$2,760

Mortgage P&I

137%

$1,953

Property Taxes

21%

$299

Home Insurance

10%

$138

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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