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206 Lafitte Ave, Lafayette, LA 70506

3 beds • 4 baths • 3382 sqft

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This property looks like a bad Airbnb investment with a projected -10.39% first-year return on $112k initial cash invested.

-10.39%

Cash On Cash

3.55%

Cap Rate

0.61

DSCR

$3,008

Rent

-$972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$3,980

Mortgage P&I

73%

$2,182

Property Taxes

7%

$198

Home Insurance

5%

$157

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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