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15375 Erindale Dr, Folsom, LA 70437

3 beds • 3 baths • 1786 sqft

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This property looks like a bad Airbnb investment with a projected -19.46% first-year return on $128k initial cash invested.

-19.46%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$1,645

Rent

-$2,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,645 income − $3,724 expenses = $2,079 out of pocket

Income$1,645Out of Pocket$2,079Mortgage P&I$2,593158%Property Taxes$15710%Insurance$18411%Management$24715%CapEx$664%Maintenance$664%Other$41125%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,249

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,645

Total Expenses

$3,724

Mortgage P&I

158%

$2,593

Property Taxes

10%

$157

Home Insurance

11%

$184

HOA

0%

$0

Property Management

15%

$247

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$411

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