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$1,944 (target)

409 Silver St, New Iberia, LA 70560

3 beds • 2 baths • 1476 sqft

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This property could be a profitable Mid-Term investment with a projected 24.75% first-year return on $36,900 initial cash invested.

24.75%

Cash On Cash

17.27%

Cap Rate

2.84

DSCR

$1,944

Rent

$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,944 income − $1,183 expenses = $761 cash flow

Income$1,944Mortgage P&I$45623%Property Taxes$342%Insurance$322%Management$23312%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$761

Investment Breakdown

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Purchase Price

$90,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,900

Downpayment

20%

$18,000

Closing costs

1%

$900

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$1,944

Total Expenses

$1,183

Mortgage P&I

23%

$456

Property Taxes

2%

$34

Home Insurance

2%

$32

HOA

0%

$0

Property Management

12%

$233

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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