REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1517 Apple St, Metairie, LA 70001

3 beds • 2 baths • 2011 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.74% first-year return on $87,090 initial cash invested.

-14.74%

Cash On Cash

2.52%

Cap Rate

0.41

DSCR

$1,860

Rent

-$1,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,860 income − $2,930 expenses = $1,070 out of pocket

Income$1,860Out of Pocket$1,070Mortgage P&I$1,68791%Property Taxes$23012%Insurance$1217%Management$27915%CapEx$744%Maintenance$744%Other$46525%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,860

Total Expenses

$2,930

Mortgage P&I

91%

$1,687

Property Taxes

12%

$230

Home Insurance

7%

$121

HOA

0%

$0

Property Management

15%

$279

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$465

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis