REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4628 Lafaye St, New Orleans, LA 70122

3 beds • 2 baths • 1643 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.38% first-year return on $87,279 initial cash invested.

-9.38%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$2,470

Rent

-$682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,470 income − $3,152 expenses = $682 out of pocket

Income$2,470Out of Pocket$682Mortgage P&I$1,62366%Property Taxes$2279%Insurance$1165%Management$37015%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,470

Total Expenses

$3,152

Mortgage P&I

66%

$1,623

Property Taxes

9%

$227

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis