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2628 Mississippi Ave, Metairie, LA 70003

3 beds • 2 baths • 1306 sqft

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This property could be a profitable Mid-Term investment with a projected 33.55% first-year return on $41,352 initial cash invested.

33.55%

Cash On Cash

19.49%

Cap Rate

3.39

DSCR

$2,916

Rent

$1,156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$111k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,352

Downpayment

20%

$22,240

Closing costs

1%

$1,112

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,916

Total Expenses

$1,760

Mortgage P&I

18%

$533

Property Taxes

5%

$134

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$321

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