REI Lense

REI Lense

Unlock all features! Tap here to upgrade

602 Highland Ct, Mandeville, LA 70448

3 beds • 2 baths • 2283 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.29% first-year return on $97,905 initial cash invested.

-8.29%

Cash On Cash

4.14%

Cap Rate

0.7

DSCR

$3,142

Rent

-$676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $3,818 expenses = $676 out of pocket

Income$3,142Out of Pocket$676Mortgage P&I$1,86259%Property Taxes$2568%Insurance$1394%HOA$522%Management$47115%CapEx$1264%Maintenance$1264%Other$78625%

Investment Breakdown

|

Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,905

Downpayment

20%

$76,100

Closing costs

1%

$3,805

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$3,818

Mortgage P&I

59%

$1,862

Property Taxes

8%

$256

Home Insurance

4%

$139

HOA

2%

$52

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$786

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis