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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 -11.27% first-year return on $57,690 initial cash invested.

-11.27%

Cash On Cash

3.06%

Cap Rate

0.49

DSCR

$1,027

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,027 income − $1,569 expenses = $542 out of pocket

Income$1,027Out of Pocket$542Mortgage P&I$98396%Property Taxes$273%Insurance$666%Management$15415%CapEx$414%Maintenance$414%Other$25725%

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

$1,027

Total Expenses

$1,569

Mortgage P&I

96%

$983

Property Taxes

3%

$27

Home Insurance

6%

$66

HOA

0%

$0

Property Management

15%

$154

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$257

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