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$2,823 (target)

109 Canebroke Ln, Lafayette, LA 70508

3 beds • 2 baths • 2230 sqft

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This property could be a profitable Mid-Term investment with a projected 22.47% first-year return on $49,500 initial cash invested.

22.47%

Cash On Cash

14.52%

Cap Rate

2.34

DSCR

$2,823

Rent

$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,823 income − $1,896 expenses = $927 cash flow

Income$2,823Mortgage P&I$77527%Property Taxes$1084%Insurance$522%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$927

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,823

Total Expenses

$1,896

Mortgage P&I

27%

$775

Property Taxes

4%

$108

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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