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4628 Lafaye St, New Orleans, LA 70122

3 beds • 2 baths • 1643 sqft

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This property looks like a bad Airbnb investment with a projected -9.07% first-year return on $87,279 initial cash invested.

-9.07%

Cash On Cash

3.87%

Cap Rate

0.65

DSCR

$2,509

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,509 income − $3,169 expenses = $660 out of pocket

Income$2,509Out of Pocket$660Mortgage P&I$1,62365%Property Taxes$2279%Insurance$1165%Management$37615%CapEx$1004%Maintenance$1004%Other$62725%

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

$2,509

Total Expenses

$3,169

Mortgage P&I

65%

$1,623

Property Taxes

9%

$227

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$627

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