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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 Long-Term investment with a projected -18.93% first-year return on $129k initial cash invested.

-18.93%

Cash On Cash

2.27%

Cap Rate

0.38

DSCR

$2,360

Rent

-$2,040

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

$129k

Downpayment

20%

$123k

Closing costs

1%

$6,157

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,360

Total Expenses

$4,400

Mortgage P&I

131%

$3,087

Property Taxes

19%

$437

Home Insurance

9%

$220

HOA

2%

$42

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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