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5025 Pike Dr, Metairie, LA 70003

3 beds • 2 baths • 2379 sqft

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This property looks like a bad Long-Term investment with a projected -12.21% first-year return on $117k initial cash invested.

-12.21%

Cash On Cash

3.62%

Cap Rate

0.61

DSCR

$2,430

Rent

-$1,194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,430

Total Expenses

$3,624

Mortgage P&I

113%

$2,757

Property Taxes

2%

$38

Home Insurance

8%

$196

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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$2,850

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