REI Lense

REI Lense

Unlock all features! Tap here to upgrade

206 Belle Grove Blvd, Lafayette, LA 70503

3 beds • 2 baths • 2327 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.62% first-year return on $87,216 initial cash invested.

-13.62%

Cash On Cash

2.61%

Cap Rate

0.44

DSCR

$1,792

Rent

-$990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,792 income − $2,782 expenses = $990 out of pocket

Income$1,792Out of Pocket$990Mortgage P&I$1,63591%Property Taxes$1629%Insurance$1197%HOA$5Management$26915%CapEx$724%Maintenance$724%Other$44825%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,216

Downpayment

20%

$65,920

Closing costs

1%

$3,296

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,792

Total Expenses

$2,782

Mortgage P&I

91%

$1,635

Property Taxes

9%

$162

Home Insurance

7%

$119

HOA

0%

$5

Property Management

15%

$269

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$448

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis