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2012 Pelican St, Slidell, LA 70460

3 beds • 2 baths • 1340 sqft

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This property looks like a bad Airbnb investment with a projected -0.77% first-year return on $56,304 initial cash invested.

-0.77%

Cash On Cash

6.45%

Cap Rate

1.05

DSCR

$2,086

Rent

-$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,086 income − $2,122 expenses = $36 out of pocket

Income$2,086Out of Pocket$36Mortgage P&I$93445%Property Taxes$1296%Insurance$583%Management$31315%CapEx$834%Maintenance$834%Other$52225%

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,304

Downpayment

20%

$36,480

Closing costs

1%

$1,824

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,086

Total Expenses

$2,122

Mortgage P&I

45%

$934

Property Taxes

6%

$129

Home Insurance

3%

$58

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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