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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 -15.27% first-year return on $93,285 initial cash invested.

-15.27%

Cash On Cash

2.12%

Cap Rate

0.36

DSCR

$1,772

Rent

-$1,187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,772 income − $2,959 expenses = $1,187 out of pocket

Income$1,772Out of Pocket$1,187Mortgage P&I$1,74999%Property Taxes$24014%Insurance$1197%Management$26615%CapEx$714%Maintenance$714%Other$44325%

Investment Breakdown

|

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

$1,772

Total Expenses

$2,959

Mortgage P&I

99%

$1,749

Property Taxes

14%

$240

Home Insurance

7%

$119

HOA

0%

$0

Property Management

15%

$266

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$443

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