REI Lense

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3736 Pontiac St, Metairie, LA 70002

3 beds • 2 baths • 1744 sqft

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This property looks like a bad Airbnb investment with a projected -14.86% first-year return on $96,498 initial cash invested.

-14.86%

Cash On Cash

2.45%

Cap Rate

0.41

DSCR

$2,156

Rent

-$1,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,498

Downpayment

20%

$74,760

Closing costs

1%

$3,738

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,156

Total Expenses

$3,351

Mortgage P&I

87%

$1,873

Property Taxes

15%

$325

Home Insurance

6%

$119

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

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