When I use AirDNA I do not focus on the algo generated number too much, rather how are the most comparable units doing. 

Whats more, there was damaged equipment that costs about 3k.

Key Questions to Ask YourselfProperty Cash Flow: Will the property generate sufficient cash flow to cover the monthly payments, taxes, insurance, and other expenses?

If not I understand and will work to generate a contract that encompasses all of these elements. 

With 4 rentable rooms (including the basement), I expect to generate $3,600/month with full occupancy.

While they generated some cash flow, I found the effort required to manage them wasn’t worth the return.

These contracts are both dated 2019 and appear to be lease agreements for solar equipment that I, nor the mortgage lender, were ever a party to.

The question: A commerical property in a highly desireable location which could fetch $6+ million and generates about $400k after expenses became available and I'd like to add to our portfolio instead of doing a 1031.

Good market or not so much thx I'm a multi-generational New Orleanian who has been in Real Estate for 20+ years full time as a Realtor and an investor.

So YES, the math is VERY clear and well documented for decades upon decades upon generations.