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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 Long-Term investment with a projected 18.46% first-year return on $30,870 initial cash invested.

18.46%

Cash On Cash

10.65%

Cap Rate

1.77

DSCR

$1,844

Rent

$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,870

Downpayment

20%

$29,400

Closing costs

1%

$1,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,844

Total Expenses

$1,369

Mortgage P&I

40%

$738

Property Taxes

5%

$100

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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