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324 Chartres Street
New Orleans, LA 70130
Asking Price
$1.60M
Asset Type
Retail
Class
Class B
What's Special
<p>Investment Snapshot</p><p>Total Monthly Rent: $10,350</p><p>Annual Gross Income: $124,200</p><p>100% Occupied</p><p>Turnkey</p><p>Utilities Included in All Leases</p><p></p><p>First Floor – Commercial Space (Retail)</p><p>Tenant: Shoe Boutique</p><p>Rent: $5,500/month</p><p>Approx. Size: ±1,750 sqft</p><p>Use: Retail - Utilities Included</p><p></p><p>Second Floor – Residential Apartment</p><p>Layout: 2 Bedrooms / 2 Bathrooms</p><p>Approx. Size: ±1,750 sqft</p><p>Rent: $2,500/month</p><p>Renov
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
