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1701 Yale Ave, Metairie, LA 70003

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Airbnb investment with a projected -13.55% first-year return on $93,285 initial cash invested.

-13.55%

Cash On Cash

2.6%

Cap Rate

0.44

DSCR

$2,028

Rent

-$1,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,028 income − $3,081 expenses = $1,053 out of pocket

Income$2,028Out of Pocket$1,053Mortgage P&I$1,74986%Property Taxes$24012%Insurance$1196%Management$30415%CapEx$814%Maintenance$814%Other$50725%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,285

Downpayment

20%

$71,700

Closing costs

1%

$3,585

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,028

Total Expenses

$3,081

Mortgage P&I

86%

$1,749

Property Taxes

12%

$240

Home Insurance

6%

$119

HOA

0%

$0

Property Management

15%

$304

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$507

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