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13 Golden Dr, Hammond, LA 70401

3 beds • 2 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -3.88% first-year return on $58,761 initial cash invested.

-3.88%

Cash On Cash

5.5%

Cap Rate

0.88

DSCR

$1,745

Rent

-$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $1,935 expenses = $190 out of pocket

Income$1,745Out of Pocket$190Mortgage P&I$1,01058%Property Taxes$151%Insurance$724%Management$26215%CapEx$704%Maintenance$704%Other$43625%

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,761

Downpayment

20%

$38,820

Closing costs

1%

$1,941

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,745

Total Expenses

$1,935

Mortgage P&I

58%

$1,010

Property Taxes

1%

$15

Home Insurance

4%

$72

HOA

0%

$0

Property Management

15%

$262

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$436

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