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317 Magnolia Ave, La Place, LA 70068

3 beds • 2 baths • 1207 sqft

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This property looks like a bad Airbnb investment with a projected -8.58% first-year return on $48,954 initial cash invested.

-8.58%

Cash On Cash

3.53%

Cap Rate

0.58

DSCR

$1,013

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,013 income − $1,363 expenses = $350 out of pocket

Income$1,013Out of Pocket$350Mortgage P&I$74273%Property Taxes$828%Insurance$525%Management$15215%CapEx$414%Maintenance$414%Other$25325%

Investment Breakdown

|

Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,954

Downpayment

20%

$29,480

Closing costs

1%

$1,474

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,013

Total Expenses

$1,363

Mortgage P&I

73%

$742

Property Taxes

8%

$82

Home Insurance

5%

$52

HOA

0%

$0

Property Management

15%

$152

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$253

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