REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5932 Stratford Pl, New Orleans, LA 70131

3 beds • 2 baths • 1418 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.8% first-year return on $64,998 initial cash invested.

-5.8%

Cash On Cash

4.86%

Cap Rate

0.79

DSCR

$1,842

Rent

-$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,842 income − $2,156 expenses = $314 out of pocket

Income$1,842Out of Pocket$314Mortgage P&I$1,14662%Property Taxes$462%Insurance$804%Management$27615%CapEx$744%Maintenance$744%Other$46025%

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

$1,842

Total Expenses

$2,156

Mortgage P&I

62%

$1,146

Property Taxes

3%

$46

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis