REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4616 Reich St, Metairie, LA 70006

3 beds • 2 baths • 1810 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.98% first-year return on $89,652 initial cash invested.

-5.98%

Cash On Cash

4.77%

Cap Rate

0.8

DSCR

$2,812

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,812 income − $3,259 expenses = $447 out of pocket

Income$2,812Out of Pocket$447Mortgage P&I$1,69260%Property Taxes$943%Insurance$1244%Management$42215%CapEx$1124%Maintenance$1124%Other$70325%

Investment Breakdown

|

Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,652

Downpayment

20%

$68,240

Closing costs

1%

$3,412

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$3,259

Mortgage P&I

60%

$1,692

Property Taxes

3%

$94

Home Insurance

4%

$124

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$703

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis