REI Lense

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$1,779 (target)

2018 Le Belle Villa Blvd, New Iberia, LA 70563

3 beds • 2 baths • 2520 sqft

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This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $64,785 initial cash invested.

-9.32%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$1,779

Rent

-$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,779 income − $2,282 expenses = $503 out of pocket

Income$1,779Out of Pocket$503Mortgage P&I$1,54787%Property Taxes$1649%Insurance$1086%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,785

Downpayment

20%

$61,700

Closing costs

1%

$3,085

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,779

Total Expenses

$2,282

Mortgage P&I

87%

$1,547

Property Taxes

9%

$164

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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