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2628 Mississippi Ave, Metairie, LA 70003

3 beds • 2 baths • 1306 sqft

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This property could be a profitable Airbnb investment with a projected 32.7% first-year return on $41,352 initial cash invested.

32.7%

Cash On Cash

19.49%

Cap Rate

3.39

DSCR

$3,646

Rent

$1,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$111k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,352

Downpayment

20%

$22,240

Closing costs

1%

$1,112

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$3,646

Total Expenses

$2,519

Mortgage P&I

15%

$533

Property Taxes

4%

$134

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$547

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$912

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