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1644 Prayer House Rd, Opelousas, LA 70570

3 beds • 2 baths • 2066 sqft

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This property looks like a bad Airbnb investment with a projected -17.48% first-year return on $120k initial cash invested.

-17.48%

Cash On Cash

1.8%

Cap Rate

0.3

DSCR

$1,698

Rent

-$1,749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,698 income − $3,447 expenses = $1,749 out of pocket

Income$1,698Out of Pocket$1,749Mortgage P&I$2,410142%Property Taxes$1076%Insurance$1157%Management$25515%CapEx$684%Maintenance$684%Other$42425%

Investment Breakdown

|

Purchase Price

$486k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,220

Closing costs

1%

$4,861

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,698

Total Expenses

$3,447

Mortgage P&I

142%

$2,410

Property Taxes

6%

$107

Home Insurance

7%

$115

HOA

0%

$0

Property Management

15%

$255

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$424

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