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1580 Machen Dr, Springhill, LA 71075

3 beds • 2 baths • 4034 sqft

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This property looks like a bad Airbnb investment with a projected -15.76% first-year return on $119k initial cash invested.

-15.76%

Cash On Cash

2.17%

Cap Rate

0.37

DSCR

$2,033

Rent

-$1,560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,033 income − $3,593 expenses = $1,560 out of pocket

Income$2,033Out of Pocket$1,560Mortgage P&I$2,346115%Property Taxes$1045%Insurance$1688%Management$30515%CapEx$814%Maintenance$814%Other$50825%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,033

Total Expenses

$3,593

Mortgage P&I

115%

$2,346

Property Taxes

5%

$104

Home Insurance

8%

$168

HOA

0%

$0

Property Management

15%

$305

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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