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110 Fernridge Dr, Lafayette, LA 70508

3 beds • 4 baths • 2756 sqft

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This property looks like a bad Airbnb investment with a projected -18.36% first-year return on $147k initial cash invested.

-18.36%

Cash On Cash

1.85%

Cap Rate

0.31

DSCR

$2,946

Rent

-$2,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$616k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,157

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,946

Total Expenses

$5,200

Mortgage P&I

105%

$3,087

Property Taxes

15%

$437

Home Insurance

7%

$220

HOA

1%

$42

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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