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$2,229 (target)

510 Orange Grove Dr, New Iberia, LA 70560

3 beds • 3 baths • 1954 sqft

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This property could be a profitable Mid-Term investment with a projected 13.23% first-year return on $51,054 initial cash invested.

13.23%

Cash On Cash

11.21%

Cap Rate

1.8

DSCR

$2,229

Rent

$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,229 income − $1,666 expenses = $563 cash flow

Income$2,229Mortgage P&I$81837%Property Taxes$472%Insurance$442%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$563

Investment Breakdown

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Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,054

Downpayment

20%

$31,480

Closing costs

1%

$1,574

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,229

Total Expenses

$1,666

Mortgage P&I

37%

$818

Property Taxes

2%

$47

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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