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 20.03% first-year return on $42,003 initial cash invested.

20.03%

Cash On Cash

14.57%

Cap Rate

2.38

DSCR

$2,587

Rent

$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,587 income − $1,886 expenses = $701 cash flow

Income$2,587Mortgage P&I$58423%Property Taxes$281%Insurance$331%Management$38815%CapEx$1034%Maintenance$1034%Other$64725%Cash Flow$701

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

$2,587

Total Expenses

$1,886

Mortgage P&I

23%

$584

Property Taxes

1%

$28

Home Insurance

1%

$33

HOA

0%

$0

Property Management

15%

$388

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$647

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis