REI Lense

REI Lense

Unlock all features! Tap here to upgrade

507 Weldon St, New Iberia, LA 70560

3 beds • 2 baths • 1300 sqft

Email

This property could be a profitable Airbnb investment with a projected 21.4% first-year return on $42,003 initial cash invested.

21.4%

Cash On Cash

15.12%

Cap Rate

2.47

DSCR

$2,680

Rent

$749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,680 income − $1,931 expenses = $749 cash flow

Income$2,680Mortgage P&I$58422%Property Taxes$281%Insurance$331%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%Cash Flow$749

Investment Breakdown

|

Purchase Price

$114k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,003

Downpayment

20%

$22,860

Closing costs

1%

$1,143

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,680

Total Expenses

$1,931

Mortgage P&I

22%

$584

Property Taxes

1%

$28

Home Insurance

1%

$33

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis