REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3510 Octavia St, New Orleans, LA 70125

4 beds • 4 baths • 3584 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.4% first-year return on $199k initial cash invested.

-17.4%

Cash On Cash

2.61%

Cap Rate

0.43

DSCR

$3,950

Rent

-$2,890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$949k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$190k

Closing costs

1%

$9,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,950

Total Expenses

$6,840

Mortgage P&I

120%

$4,759

Property Taxes

18%

$721

Home Insurance

8%

$332

HOA

0%

$0

Property Management

10%

$395

CapEx

5%

$198

Vacancy

6%

$237

Maintenance

5%

$198

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

297 Audubon Blvd, New Orleans, LA 70125

$3,200

4

3.5

3131

0.3 mi

3310 State Street Dr, New Orleans, LA 70125

$4,000

4

3

2876

0.2 mi

2820 Calhoun St, New Orleans, LA 70118

$6,000

4

3

2600

0.4 mi

4939 S Miro St, New Orleans, LA 70125

$2,500

4

3

2400

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis