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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 Airbnb investment with a projected -7.74% first-year return on $144k initial cash invested.

-7.74%

Cash On Cash

4.56%

Cap Rate

0.76

DSCR

$5,406

Rent

-$928

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,406

Total Expenses

$6,334

Mortgage P&I

55%

$2,990

Property Taxes

10%

$539

Home Insurance

4%

$210

HOA

0%

$0

Property Management

15%

$811

CapEx

4%

$216

Vacancy

0%

$0

Maintenance

4%

$216

Other

25%

$1,352

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