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Updated over 6 years ago,
[Calc Review] Help me analyze this deal - New Orleans
Hey everyone,
New to the New Orleans area and actively looking to buy. I have experience buying in other states but not so familiar with the local rates for rent, insurance, garbage, sewage, elec fees for landlords owning multi-unit. The rental rates seem really high compared to other markets I've compared to. Am I missing something?
This particular property is a quadplex. Anyone familiar with 70113 zip code could share experience on accuracy of my numbers?
Much appreciated.
*This link comes directly from our calculators, based on information input by the member who posted.