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2120 Newton St, Gretna, LA 70056

3 beds • 2 baths • 1427 sqft

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This property looks like a bad Airbnb investment with a projected -13.39% first-year return on $62,562 initial cash invested.

-13.39%

Cash On Cash

2.43%

Cap Rate

0.39

DSCR

$988

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$988 income − $1,686 expenses = $698 out of pocket

Income$988Out of Pocket$698Mortgage P&I$1,087110%Property Taxes$475%Insurance$778%Management$14815%CapEx$404%Maintenance$404%Other$24725%

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

$988

Total Expenses

$1,686

Mortgage P&I

110%

$1,087

Property Taxes

5%

$47

Home Insurance

8%

$77

HOA

0%

$0

Property Management

15%

$148

CapEx

4%

$40

Vacancy

0%

$0

Maintenance

4%

$40

Other

25%

$247

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