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2521 Mississippi Ave, Metairie, LA 70003

3 beds • 1 baths • 1130 sqft

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This property could be a profitable Airbnb investment with a projected 11.65% first-year return on $66,027 initial cash invested.

11.65%

Cash On Cash

10.15%

Cap Rate

1.69

DSCR

$3,684

Rent

$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,027

Downpayment

20%

$45,740

Closing costs

1%

$2,287

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,684

Total Expenses

$3,043

Mortgage P&I

31%

$1,147

Property Taxes

1%

$48

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$553

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$921

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$2,850

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