REI Lense

REI Lense

Unlock all features! Tap here to upgrade

408 Wildwood Dr, New Iberia, LA 70560

3 beds • 2 baths • 2313 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.76% first-year return on $76,338 initial cash invested.

-8.76%

Cash On Cash

4.04%

Cap Rate

0.66

DSCR

$2,030

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,030 income − $2,587 expenses = $557 out of pocket

Income$2,030Out of Pocket$557Mortgage P&I$1,41170%Property Taxes$864%Insurance$1166%Management$30415%CapEx$814%Maintenance$814%Other$50825%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,338

Downpayment

20%

$55,560

Closing costs

1%

$2,778

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,030

Total Expenses

$2,587

Mortgage P&I

70%

$1,411

Property Taxes

4%

$86

Home Insurance

6%

$116

HOA

0%

$0

Property Management

15%

$304

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis