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$2,998 (target)

4410 Alba Rd, New Orleans, LA 70129

3 beds • 3 baths • 2280 sqft

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This property could be a profitable Mid-Term investment with a projected 11.72% first-year return on $61,344 initial cash invested.

11.72%

Cash On Cash

10.41%

Cap Rate

1.67

DSCR

$2,998

Rent

$599

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $2,399 expenses = $599 cash flow

Income$2,998Mortgage P&I$1,07136%Property Taxes$2268%Insurance$823%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$599

Investment Breakdown

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Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,344

Downpayment

20%

$41,280

Closing costs

1%

$2,064

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,998

Total Expenses

$2,399

Mortgage P&I

36%

$1,071

Property Taxes

8%

$226

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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