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1116 Briar Patch Rd, Broussard, LA 70518

3 beds • 2 baths • 1476 sqft

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This property looks like a bad Airbnb investment with a projected -0.42% first-year return on $63,150 initial cash invested.

-0.42%

Cash On Cash

6.54%

Cap Rate

1.07

DSCR

$2,354

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,354 income − $2,376 expenses = $22 out of pocket

Income$2,354Out of Pocket$22Mortgage P&I$1,10047%Property Taxes$723%Insurance$753%Management$35315%CapEx$944%Maintenance$944%Other$58825%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,354

Total Expenses

$2,376

Mortgage P&I

47%

$1,100

Property Taxes

3%

$72

Home Insurance

3%

$75

HOA

0%

$0

Property Management

15%

$353

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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