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118 Greenside Ct, Lafayette, LA 70508

3 beds • 2 baths • 1768 sqft

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This property looks like a bad Airbnb investment with a projected -7.71% first-year return on $69,597 initial cash invested.

-7.71%

Cash On Cash

4.49%

Cap Rate

0.72

DSCR

$2,056

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,056 income − $2,503 expenses = $447 out of pocket

Income$2,056Out of Pocket$447Mortgage P&I$1,28563%Property Taxes$1447%Insurance$884%Management$30815%CapEx$824%Maintenance$824%Other$51425%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,597

Downpayment

20%

$49,140

Closing costs

1%

$2,457

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,056

Total Expenses

$2,503

Mortgage P&I

63%

$1,285

Property Taxes

7%

$144

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$308

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$514

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