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3800 Redbud Ln, Harvey, LA 70058

3 beds • 2 baths • 1689 sqft

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This property looks like a bad Airbnb investment with a projected -11.86% first-year return on $57,690 initial cash invested.

-11.86%

Cash On Cash

2.87%

Cap Rate

0.46

DSCR

$974

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$974 income − $1,544 expenses = $570 out of pocket

Income$974Out of Pocket$570Mortgage P&I$983101%Property Taxes$273%Insurance$667%Management$14615%CapEx$394%Maintenance$394%Other$24425%

Investment Breakdown

|

Purchase Price

$189k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$974

Total Expenses

$1,544

Mortgage P&I

101%

$983

Property Taxes

3%

$27

Home Insurance

7%

$66

HOA

0%

$0

Property Management

15%

$146

CapEx

4%

$39

Vacancy

0%

$0

Maintenance

4%

$39

Other

25%

$244

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