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This property looks like a bad Long-Term investment with a projected -7.03% first-year return on $71,169 initial cash invested.
-7.03%
Cash On Cash
4.7%
Cap Rate
0.81
DSCR
$2,040
Rent
-$417
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$339k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,169
Downpayment
20%
$67,780
Closing costs
1%
$3,389
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,040
Total Expenses
$2,457
Mortgage P&I
80%
$1,642
Property Taxes
8%
$161
Home Insurance
6%
$124
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
136 Metairie Court Pkwy, Metairie, LA 70001 | $2,100 | 2 | 2 | 1118 | 0.1 mi |
252 Hesper Ave, Metairie, LA 70005 | $2,000 | 2 | 2 | 1200 | 0.3 mi |
2732 Whitney Pl, Apt 102, Metairie, LA 70002 | $1,800 | 2 | 2 | 1176 | 0.8 mi |
640 Metairie Lawn Dr, Metairie, LA 70001 | $2,500 | 2 | 2 | 1232 | 0.2 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality