REI Lense

REI Lense

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$2,198 (target)

1207 Ann St, New Iberia, LA 70560

3 beds • 2 baths • 1378 sqft

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This property could be a profitable Mid-Term investment with a projected 18.43% first-year return on $46,350 initial cash invested.

18.43%

Cash On Cash

12.87%

Cap Rate

2.23

DSCR

$2,198

Rent

$712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,198

Total Expenses

$1,486

Mortgage P&I

29%

$648

Property Taxes

2%

$43

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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