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$2,838 (target)

218 Acorn Dr, Lafayette, LA 70507

3 beds • 2 baths • 1881 sqft

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This property could be a profitable Mid-Term investment with a projected 10.28% first-year return on $63,024 initial cash invested.

10.28%

Cash On Cash

9.88%

Cap Rate

1.59

DSCR

$2,838

Rent

$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $2,298 expenses = $540 cash flow

Income$2,838Mortgage P&I$1,11239%Property Taxes$1455%Insurance$753%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31211%Cash Flow$540

Investment Breakdown

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Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,024

Downpayment

20%

$42,880

Closing costs

1%

$2,144

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$2,298

Mortgage P&I

39%

$1,112

Property Taxes

5%

$145

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$312

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