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205 Magnolia Dr, Metairie, LA 70005

3 beds • 3 baths • 2579 sqft

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This property looks like a bad Long-Term investment with a projected -16.73% first-year return on $188k initial cash invested.

-16.73%

Cash On Cash

2.69%

Cap Rate

0.45

DSCR

$3,725

Rent

-$2,614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$893k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$188k

Downpayment

20%

$179k

Closing costs

1%

$8,929

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,725

Total Expenses

$6,339

Mortgage P&I

119%

$4,430

Property Taxes

16%

$609

Home Insurance

9%

$332

HOA

0%

$0

Property Management

10%

$372

CapEx

5%

$186

Vacancy

6%

$224

Maintenance

5%

$186

Other

0%

$0

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