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$1,099,000

For Sale - Active
12 Rosedown Ct, New Orleans, LA 70131
5 Beds
7 Baths
6,004 Square Feet
0.00 Acres Lot
Built in 1995
For Sale - Active
Units n/a
Checked: 2 hours ago
Updated: Jul 25, 2025 at 04:04AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$2,992
Cap Rate
2.4%
Cash-on-Cash Return
-14.2%
Debt Coverage Ratio
0.42
Internal Rate of Return (5 years)
-9.7%

Property Description


0.00 Acres Lot
Built in 1995
For Sale - Active
Units n/a

Prime Location: Tucked away at the end of a quiet cul-de- sac in the exclusive, gated community of English Turn offering both privacy and prestige. Stunning Curb Appeal: This home makes a statement with lush landscaping, stately columns, an elegant upstairs balcony, a grand circular driveway, and a spacious 3-car Garage. Backyard Oasis: Enjoy two covered porches, a sparkling pool, relaxing hot tub, and a massive lot—ideal for entertaining or unwinding in your own private retreat. Gorgeous Renovated Kitchen! Featuring stunning quartz countertops, an abundance of island and counter space, and ample drawers and cabinetry for all your storage needs. Enjoy both a formal dining room and a charming breakfast room, each offering a lovely view of the backyard. The kitchen also boasts a spacious walk-in butler’s pantry with extensive built-in cabinets, additional counter space, a wine fridge, and a separate regular pantry—perfect for entertaining and everyday convenience. Grand Features: Designed for luxury and comfort: 2 living rooms, 2 powder rooms, 2 staircases (grand + back), 3 fireplaces (living areas + primary suite), 3 garages, 4 AC units. Recent upgrades: include a renovated kitchen and primary bathroom, plus a fully added third floor bonus room with a half bath. First Floor: The grand foyer features a sweeping staircase and views of the backyard. Two light-filled living rooms and a flexible office/flex room with built-ins provide plenty of space to spread out. Second Floor: Primary Suite: His and hers walk-in closets, a fully renovated bathroom with marble vanities, soaking tub, walk-in shower, and a charming window bench. Beautiful wood floors, a cozy landing with built-in reading nook, and a huge guest bedroom with Jack & Jill bath. Third Floor Bonus Room: Recently added and over 640 sq ft—this spacious area includes a half bath, attic storage, and a built-in window seat overlooking the backyard. Extras Galore: Natural light floods every room through large windows. You'll also love the walk-in closets, built- ins, flex spaces, and abundant storage throughout the home.

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Location


Property Details


Parking

  • Details: Garage Door Opener
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 4
  • # of Baths (Total): 7.0

Interior Features

  • # of Rooms: 10
  • # of Stories: 3

Exterior Features

  • Foundation: Slab
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: English Turn POA
  • HOA Fee: $1,650/semi-annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 513845418
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1995

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Cooling: Ceiling Fan(s)

Location

  • County: Orleans Parish

Listing Details


Listed by:
Kelly Waltemath Wall
Keller Williams Realty Services
(504) 236-8587

Source:
Gulf South Real Estate Information Network
MLS#: 2495659
Gulf South Real Estate Information Network

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$2,992
Cap Rate
2.4%
Cash-on-Cash Return
-14.2%
Debt Coverage Ratio
0.42
Internal Rate of Return (5 years)
-9.7%

Purchase Details

Find an Agent

Purchase price:
$1,099,000
Amount financed:
-$879,200
Down payment:
$219,800
Closing costs:
$32,970
Rehab costs:
$0
Initial cash invested:
$252,770
Square feet:
6,004
Cost per square foot:
$183
Monthly rent per square foot:
$0.60

Financing Details

Find a Lender

Loan amount:
$879,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$5,201
Property tax:
$0
Insurance:
$252
Private mortgage insurance (PMI):
$0
Monthly payment:
$5,453

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,600 $43,200
Vacancy loss: (6%)
6% -$216 -$2,592
Operating income:
$3,384 $40,608

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$252-$3,024
Property management: (8%)
8%-$288-$3,456
Repairs & maintenance: (5%)
5%-$180-$2,160
Capital expenditures: (5%)
5%-$180-$2,160
HOA fees: (8%)
8%-$275-$3,300
Total operating expenses: (33%)
33%-$1,175-$14,100

Cash Flow


Monthly Yearly
Net operating income:
$2,209 $26,508
Mortgage payments:
-$5,201 -$62,412
Cash flow:
-$2,992 -$35,904