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2203 Louisiana Dr, New Iberia, LA 70560

3 beds • 4 baths • 3340 sqft

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This property could be a profitable Airbnb investment with a projected 12.65% first-year return on $48,870 initial cash invested.

12.65%

Cash On Cash

11.11%

Cap Rate

1.84

DSCR

$2,701

Rent

$515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,701 income − $2,186 expenses = $515 cash flow

Income$2,701Mortgage P&I$73827%Property Taxes$1004%Insurance$522%Management$40515%CapEx$1084%Maintenance$1084%Other$67525%Cash Flow$515

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,870

Downpayment

20%

$29,400

Closing costs

1%

$1,470

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,701

Total Expenses

$2,186

Mortgage P&I

27%

$738

Property Taxes

4%

$100

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$675

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