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3705 Tulane Dr, Kenner, LA 70065

3 beds • 2 baths • 1503 sqft

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This property looks like a bad Airbnb investment with a projected -3.27% first-year return on $74,490 initial cash invested.

-3.27%

Cash On Cash

5.46%

Cap Rate

0.93

DSCR

$2,612

Rent

-$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,612 income − $2,815 expenses = $203 out of pocket

Income$2,612Out of Pocket$203Mortgage P&I$1,32451%Property Taxes$1446%Insurance$944%Management$39215%CapEx$1044%Maintenance$1044%Other$65325%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,612

Total Expenses

$2,815

Mortgage P&I

51%

$1,324

Property Taxes

6%

$144

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$653

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