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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 -8.78% first-year return on $62,562 initial cash invested.

-8.78%

Cash On Cash

3.89%

Cap Rate

0.63

DSCR

$1,448

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,448 income − $1,906 expenses = $458 out of pocket

Income$1,448Out of Pocket$458Mortgage P&I$1,08775%Property Taxes$473%Insurance$775%Management$21715%CapEx$584%Maintenance$584%Other$36225%

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

$1,448

Total Expenses

$1,906

Mortgage P&I

75%

$1,087

Property Taxes

3%

$47

Home Insurance

5%

$77

HOA

0%

$0

Property Management

15%

$217

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$362

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