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6201 Atom Ave, Metairie, LA 70003

3 beds • 2 baths • 1658 sqft

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This property looks like a bad Airbnb investment with a projected -5.07% first-year return on $91,080 initial cash invested.

-5.07%

Cash On Cash

5.13%

Cap Rate

0.85

DSCR

$3,192

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,080

Downpayment

20%

$69,600

Closing costs

1%

$3,480

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,192

Total Expenses

$3,577

Mortgage P&I

55%

$1,744

Property Taxes

6%

$178

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$479

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$798

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