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1408 Pasadena Ave, Metairie, LA 70001

4 beds • 2 baths • 1745 sqft

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This property looks like a bad Airbnb investment with a projected -24.8% first-year return on $101k initial cash invested.

-24.8%

Cash On Cash

-0.92%

Cap Rate

-0.16

DSCR

$0

Rent

-$2,080

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$0

Total Expenses

$2,080

Mortgage P&I

18000000%

$1,800

Property Taxes

1520000%

$152

Home Insurance

1280000%

$128

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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