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310 Monroe St, Lafayette, LA 70501

3 beds • 2 baths • 1439 sqft

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This property might be a fair Airbnb investment with a projected 2.69% first-year return on $40,113 initial cash invested.

2.69%

Cash On Cash

7.79%

Cap Rate

1.27

DSCR

$1,390

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,390 income − $1,300 expenses = $90 cash flow

Income$1,390Mortgage P&I$53839%Property Taxes$614%Insurance$332%Management$20815%CapEx$564%Maintenance$564%Other$34825%Cash Flow$90

Investment Breakdown

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Purchase Price

$105k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,113

Downpayment

20%

$21,060

Closing costs

1%

$1,053

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,390

Total Expenses

$1,300

Mortgage P&I

39%

$538

Property Taxes

4%

$61

Home Insurance

2%

$33

HOA

0%

$0

Property Management

15%

$208

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$348

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