REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2120 Newton St, Gretna, LA 70056

3 beds • 2 baths • 1427 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.43% first-year return on $62,562 initial cash invested.

-11.43%

Cash On Cash

3.04%

Cap Rate

0.49

DSCR

$1,182

Rent

-$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,182 income − $1,778 expenses = $596 out of pocket

Income$1,182Out of Pocket$596Mortgage P&I$1,08792%Property Taxes$474%Insurance$777%Management$17715%CapEx$474%Maintenance$474%Other$29625%

Investment Breakdown

|

Purchase Price

$212k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,562

Downpayment

20%

$42,440

Closing costs

1%

$2,122

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,182

Total Expenses

$1,778

Mortgage P&I

92%

$1,087

Property Taxes

4%

$47

Home Insurance

7%

$77

HOA

0%

$0

Property Management

15%

$177

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$296

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis