REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1408 Pasadena Ave, Metairie, LA 70001

4 beds • 2 baths • 1745 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.01% first-year return on $76,650 initial cash invested.

-6.01%

Cash On Cash

5.03%

Cap Rate

0.85

DSCR

$2,290

Rent

-$384

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

$76,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$2,674

Mortgage P&I

79%

$1,800

Property Taxes

7%

$152

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1204 Manson Ave, Metairie, LA 70001

$2,100

4

2

1792

0.2 mi

2008 Richland Ave, Metairie, LA 70001

$2,000

4

2

1824

0.4 mi

212 Pasadena Ave, Metairie, LA 70001

$2,500

4

2

1578

0.7 mi

2508 Danny Park, Metairie, LA 70001

$2,200

4

2

2000

0.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis