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420 Blackwater River Dr, Lafayette, LA 70508

3 beds • 2 baths • 1579 sqft

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This property looks like a bad Airbnb investment with a projected -6.08% first-year return on $71,676 initial cash invested.

-6.08%

Cash On Cash

4.77%

Cap Rate

0.79

DSCR

$2,295

Rent

-$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,295 income − $2,658 expenses = $363 out of pocket

Income$2,295Out of Pocket$363Mortgage P&I$1,28656%Property Taxes$1687%Insurance$894%HOA$131%Management$34415%CapEx$924%Maintenance$924%Other$57425%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,676

Downpayment

20%

$51,120

Closing costs

1%

$2,556

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,295

Total Expenses

$2,658

Mortgage P&I

56%

$1,286

Property Taxes

7%

$168

Home Insurance

4%

$89

HOA

1%

$13

Property Management

15%

$344

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$574

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