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905 Aline St, New Orleans, LA 70115

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Long-Term investment with a projected -18.05% first-year return on $148k initial cash invested.

-18.05%

Cash On Cash

2.48%

Cap Rate

0.41

DSCR

$3,010

Rent

-$2,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$705k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$141k

Closing costs

1%

$7,047

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,010

Total Expenses

$5,236

Mortgage P&I

117%

$3,534

Property Taxes

22%

$661

Home Insurance

9%

$259

HOA

0%

$0

Property Management

10%

$301

CapEx

5%

$150

Vacancy

6%

$181

Maintenance

5%

$150

Other

0%

$0

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Comparable Property

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$1,100

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$2,850

5

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