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$2,994 (target)

8825 Willow St, New Orleans, LA 70118

3 beds • 3 baths • 1625 sqft

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This property looks like a bad Mid-Term investment with a projected -7% first-year return on $116k initial cash invested.

-7%

Cash On Cash

4.63%

Cap Rate

0.76

DSCR

$2,994

Rent

-$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,994 income − $3,669 expenses = $675 out of pocket

Income$2,994Out of Pocket$675Mortgage P&I$2,35179%Property Taxes$1375%Insurance$1635%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,994

Total Expenses

$3,669

Mortgage P&I

79%

$2,351

Property Taxes

5%

$137

Home Insurance

5%

$163

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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