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6536 Argonne Blvd, New Orleans, LA 70124

3 beds • 3 baths • 2436 sqft

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This property looks like a bad Airbnb investment with a projected -20.52% first-year return on $156k initial cash invested.

-20.52%

Cash On Cash

1.18%

Cap Rate

0.2

DSCR

$2,725

Rent

-$2,665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$657k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,565

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,725

Total Expenses

$5,390

Mortgage P&I

117%

$3,199

Property Taxes

24%

$645

Home Insurance

9%

$238

HOA

0%

$0

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$681

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