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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 Airbnb investment with a projected -10.57% first-year return on $135k initial cash invested.

-10.57%

Cash On Cash

3.66%

Cap Rate

0.62

DSCR

$3,459

Rent

-$1,192

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

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,459

Total Expenses

$4,651

Mortgage P&I

80%

$2,757

Property Taxes

1%

$38

Home Insurance

6%

$196

HOA

0%

$0

Property Management

15%

$519

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$865

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