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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 Long-Term investment with a projected 34.48% first-year return on $23,352 initial cash invested.

34.48%

Cash On Cash

14.04%

Cap Rate

2.44

DSCR

$1,944

Rent

$671

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

$23,352

Downpayment

20%

$22,240

Closing costs

1%

$1,112

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,944

Total Expenses

$1,273

Mortgage P&I

27%

$533

Property Taxes

7%

$134

Home Insurance

5%

$101

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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