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408 W Chase Ct, Mandeville, LA 70448

3 beds • 6 baths • 4344 sqft

$1,399,900

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This property looks like a bad Airbnb investment with a projected -25.4% first-year return on $312k initial cash invested.

-25.4%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$3,555

Rent

-$6,604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,555 income − $10,159 expenses = $6,604 out of pocket

Income$3,555Out of Pocket$6,604Mortgage P&I$7,098200%Property Taxes$79822%Insurance$49014%HOA$672%Management$53315%CapEx$1424%Maintenance$1424%Other$88925%

Investment Breakdown

|

Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$13,999

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,555

Total Expenses

$10,159

Mortgage P&I

200%

$7,098

Property Taxes

22%

$798

Home Insurance

14%

$490

HOA

2%

$67

Property Management

15%

$533

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$889

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