REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2012 Pelican St, Slidell, LA 70460

3 beds • 2 baths • 1340 sqft

Email

This property looks like a bad Airbnb investment with a projected -0.45% first-year return on $56,304 initial cash invested.

-0.45%

Cash On Cash

6.57%

Cap Rate

1.07

DSCR

$2,117

Rent

-$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,117 income − $2,138 expenses = $21 out of pocket

Income$2,117Out of Pocket$21Mortgage P&I$93444%Property Taxes$1296%Insurance$583%Management$31815%CapEx$854%Maintenance$854%Other$52925%

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

$2,117

Total Expenses

$2,138

Mortgage P&I

44%

$934

Property Taxes

6%

$129

Home Insurance

3%

$58

HOA

0%

$0

Property Management

15%

$318

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$529

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis