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4036 Buick St, New Orleans, LA 70126

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -4.3% first-year return on $69,471 initial cash invested.

-4.3%

Cash On Cash

5.21%

Cap Rate

0.88

DSCR

$2,439

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,471

Downpayment

20%

$49,020

Closing costs

1%

$2,451

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,439

Total Expenses

$2,688

Mortgage P&I

50%

$1,216

Property Taxes

9%

$212

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$366

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$610

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