Subject-To
Sub-To Deal · Single Family, New Orleans, LA · Motivated Seller
600 Camp St, New Orleans, LA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths6 / 2.5
Living area2,598 sqft
Lot0.18 acres
Year built1961
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in New Orleans, LA. Take over the existing mortgage payments and acquire the deed for $60,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 5.6%
- Net operating income
- $23,952/yr
- Cash flow
- +$1,996/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.