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3032 N Rampart St, New Orleans, LA 70117

3 beds • 2 baths • 1462 sqft

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This property looks like a bad Airbnb investment with a projected -7.58% first-year return on $121k initial cash invested.

-7.58%

Cash On Cash

4.34%

Cap Rate

0.75

DSCR

$4,052

Rent

-$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,780

Closing costs

1%

$4,889

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,052

Total Expenses

$4,814

Mortgage P&I

58%

$2,369

Property Taxes

8%

$325

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$608

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,013

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