REI Lense

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$2,344 (target)

104 Eula Dr, Lafayette, LA 70506

3 beds • 2 baths • 1463 sqft

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This property could be a profitable Mid-Term investment with a projected 10.09% first-year return on $55,191 initial cash invested.

10.09%

Cash On Cash

9.95%

Cap Rate

1.61

DSCR

$2,344

Rent

$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,191

Downpayment

20%

$35,420

Closing costs

1%

$1,771

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,344

Total Expenses

$1,880

Mortgage P&I

39%

$911

Property Taxes

5%

$108

Home Insurance

3%

$64

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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