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712 Metairie Lawn Dr, Metairie, LA 70001

2 beds • 1 baths • 900 sqft

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This property looks like a bad Airbnb investment with a projected -11.15% first-year return on $73,845 initial cash invested.

-11.15%

Cash On Cash

3.32%

Cap Rate

0.57

DSCR

$1,880

Rent

-$686

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,845

Downpayment

20%

$58,900

Closing costs

1%

$2,945

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$1,880

Total Expenses

$2,566

Mortgage P&I

76%

$1,427

Property Taxes

8%

$146

Home Insurance

5%

$91

HOA

0%

$0

Property Management

15%

$282

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$470

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