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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 -13.51% first-year return on $120k initial cash invested.

-13.51%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$2,463

Rent

-$1,352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,463 income − $3,815 expenses = $1,352 out of pocket

Income$2,463Out of Pocket$1,352Mortgage P&I$2,41098%Property Taxes$1074%Insurance$1155%Management$36915%CapEx$994%Maintenance$994%Other$61625%

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

$2,463

Total Expenses

$3,815

Mortgage P&I

98%

$2,410

Property Taxes

4%

$107

Home Insurance

5%

$115

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$616

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