REI Lense

REI Lense

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$1,760 (target)

201 Fuqua St, New Iberia, LA 70560

3 beds • 2 baths • 1920 sqft

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This property might be a fair Long-Term investment with a projected 1.8% first-year return on $45,402 initial cash invested.

1.8%

Cash On Cash

7.07%

Cap Rate

1.14

DSCR

$1,760

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,760 income − $1,692 expenses = $68 cash flow

Income$1,760Mortgage P&I$1,11864%Property Taxes$583%Insurance$583%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%Cash Flow$68

Investment Breakdown

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Purchase Price

$216k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,402

Downpayment

20%

$43,240

Closing costs

1%

$2,162

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,760

Total Expenses

$1,692

Mortgage P&I

64%

$1,118

Property Taxes

3%

$58

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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