REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,368 (target)

4521 Neyrey Dr, Metairie, LA 70002

3 beds • 3 baths • 2300 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.84% first-year return on $128k initial cash invested.

-3.84%

Cash On Cash

5.99%

Cap Rate

0.92

DSCR

$4,368

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,368 income − $4,779 expenses = $411 out of pocket

Income$4,368Out of Pocket$411Mortgage P&I$2,86266%Property Taxes$2486%Insurance$1844%Management$52412%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48011%

Investment Breakdown

|

Purchase Price

$526k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,260

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,368

Total Expenses

$4,779

Mortgage P&I

66%

$2,862

Property Taxes

6%

$248

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$524

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$480

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis