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1824 Allen Street
New Orleans, LA 70116
Asking Price
$149K
Cap Rate
11.06%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
SFR Near Treme and French Quarter 3 bed 2 bath <p><span style="color: rgba(34, 34, 34, 1)">Valued at $173K but Asking $149K </span><span style="color: rgba(0, 0, 0, 1)"> Why? </span></p><p><span style="color: rgba(0, 0, 0, 1)">Well, the Seller agreed to</span><span style="color: rgba(34, 34, 34, 1)"> price</span><span style="color: rgba(0, 0, 0, 1)"> it </span><span style="color: rgba(34, 34, 34, 1)">lower to give you some reasonable equity on Day One! </span></p><p></p><p><strong style="color: rgba(0, 0, 0, 1)">What are the numbers? </stro
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NOI
$80,000
Cap Rate
53.69%
DSCR
9.04
Strong
Cash-on-Cash
159.18%
Monthly Payment
$737.171
Annual Cash Flow
$71,153.952