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811 Leontine St, New Orleans, LA 70115

3 beds • 2 baths • 1390 sqft

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This property looks like a bad Long-Term investment with a projected -14.2% first-year return on $126k initial cash invested.

-14.2%

Cash On Cash

3.31%

Cap Rate

0.55

DSCR

$3,040

Rent

-$1,489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,040

Total Expenses

$4,529

Mortgage P&I

98%

$2,990

Property Taxes

18%

$539

Home Insurance

7%

$210

HOA

0%

$0

Property Management

10%

$304

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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