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$2,962 (target)

1218 E Alexander St, Lafayette, LA 70501

3 beds • 2 baths • 1473 sqft

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This property could be a profitable Mid-Term investment with a projected 21.71% first-year return on $53,406 initial cash invested.

21.71%

Cash On Cash

13.81%

Cap Rate

2.27

DSCR

$2,962

Rent

$966

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,962 income − $1,996 expenses = $966 cash flow

Income$2,962Mortgage P&I$85629%Property Taxes$903%Insurance$441%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$966

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,406

Downpayment

20%

$33,720

Closing costs

1%

$1,686

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,962

Total Expenses

$1,996

Mortgage P&I

29%

$856

Property Taxes

3%

$90

Home Insurance

1%

$44

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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