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5932 Stratford Pl, New Orleans, LA 70131

3 beds • 2 baths • 1418 sqft

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This property looks like a bad Airbnb investment with a projected -5.87% first-year return on $64,998 initial cash invested.

-5.87%

Cash On Cash

4.83%

Cap Rate

0.79

DSCR

$1,833

Rent

-$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,833 income − $2,151 expenses = $318 out of pocket

Income$1,833Out of Pocket$318Mortgage P&I$1,14663%Property Taxes$463%Insurance$804%Management$27515%CapEx$734%Maintenance$734%Other$45825%

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,998

Downpayment

20%

$44,760

Closing costs

1%

$2,238

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,833

Total Expenses

$2,151

Mortgage P&I

63%

$1,146

Property Taxes

3%

$46

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$458

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