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4401 Alba Rd, New Orleans, LA 70129

3 beds • 2 baths • 2784 sqft

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This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $80,790 initial cash invested.

4.17%

Cash On Cash

7.44%

Cap Rate

1.28

DSCR

$3,086

Rent

$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,086

Total Expenses

$2,805

Mortgage P&I

47%

$1,449

Property Taxes

7%

$203

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$339

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