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108 Cornerstone Ct, Carencro, LA 70520

3 beds • 2 baths • 1742 sqft

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This property looks like a bad Airbnb investment with a projected -8.57% first-year return on $87,951 initial cash invested.

-8.57%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$2,447

Rent

-$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,447 income − $3,075 expenses = $628 out of pocket

Income$2,447Out of Pocket$628Mortgage P&I$1,62766%Property Taxes$1546%Insurance$1195%Management$36715%CapEx$984%Maintenance$984%Other$61225%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,951

Downpayment

20%

$66,620

Closing costs

1%

$3,331

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,447

Total Expenses

$3,075

Mortgage P&I

66%

$1,627

Property Taxes

6%

$154

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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