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4616 Reich St, Metairie, LA 70006

3 beds • 2 baths • 1810 sqft

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This property looks like a bad Airbnb investment with a projected -6.41% first-year return on $89,652 initial cash invested.

-6.41%

Cash On Cash

4.65%

Cap Rate

0.78

DSCR

$2,752

Rent

-$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,752 income − $3,231 expenses = $479 out of pocket

Income$2,752Out of Pocket$479Mortgage P&I$1,69261%Property Taxes$943%Insurance$1245%Management$41315%CapEx$1104%Maintenance$1104%Other$68825%

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

$2,752

Total Expenses

$3,231

Mortgage P&I

61%

$1,692

Property Taxes

3%

$94

Home Insurance

5%

$124

HOA

0%

$0

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$688

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