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$2,151 (target)

215 Frisby St, New Iberia, LA 70563

3 beds • 2 baths • 1377 sqft

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This property could be a profitable Mid-Term investment with a projected 12.84% first-year return on $50,550 initial cash invested.

12.84%

Cash On Cash

11.09%

Cap Rate

1.78

DSCR

$2,151

Rent

$541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $1,610 expenses = $541 cash flow

Income$2,151Mortgage P&I$80637%Property Taxes$181%Insurance$543%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$541

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,151

Total Expenses

$1,610

Mortgage P&I

37%

$806

Property Taxes

1%

$18

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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