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614 Fats Domino Ave, New Orleans, LA 70117

3 beds • 2 baths • 1200 sqft

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This property might be a fair Long-Term investment with a projected 8.62% first-year return on $38,850 initial cash invested.

8.62%

Cash On Cash

8.32%

Cap Rate

1.4

DSCR

$1,719

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,719

Total Expenses

$1,440

Mortgage P&I

53%

$918

Property Taxes

1%

$10

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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