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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 -8.78% first-year return on $48,954 initial cash invested.

-8.78%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$998

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$998 income − $1,356 expenses = $358 out of pocket

Income$998Out of Pocket$358Mortgage P&I$74274%Property Taxes$828%Insurance$525%Management$15015%CapEx$404%Maintenance$404%Other$25025%

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

$998

Total Expenses

$1,356

Mortgage P&I

74%

$742

Property Taxes

8%

$82

Home Insurance

5%

$52

HOA

0%

$0

Property Management

15%

$150

CapEx

4%

$40

Vacancy

0%

$0

Maintenance

4%

$40

Other

25%

$250

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