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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 Airbnb investment with a projected -24.34% first-year return on $206k initial cash invested.

-24.34%

Cash On Cash

0.48%

Cap Rate

0.08

DSCR

$2,315

Rent

-$4,168

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

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,929

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,315

Total Expenses

$6,483

Mortgage P&I

191%

$4,430

Property Taxes

26%

$609

Home Insurance

14%

$332

HOA

0%

$0

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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