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5036 Purdue Dr, Metairie, LA 70003

4 beds • 3 baths • 3396 sqft

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This property looks like a bad Airbnb investment with a projected -14.1% first-year return on $154k initial cash invested.

-14.1%

Cash On Cash

2.94%

Cap Rate

0.48

DSCR

$3,671

Rent

-$1,812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$124k

Closing costs

1%

$6,200

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,671

Total Expenses

$5,483

Mortgage P&I

87%

$3,183

Property Taxes

9%

$320

Home Insurance

6%

$217

HOA

0%

$0

Property Management

15%

$551

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$918

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