REI Lense

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$2,289 (target)

5107 Creighton Dr, New Iberia, LA 70560

3 beds • 2 baths • 1720 sqft

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This property might be a fair Mid-Term investment with a projected 6.86% first-year return on $60,357 initial cash invested.

6.86%

Cash On Cash

8.69%

Cap Rate

1.43

DSCR

$2,289

Rent

$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,289 income − $1,944 expenses = $345 cash flow

Income$2,289Mortgage P&I$1,02445%Property Taxes$583%Insurance$824%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$345

Investment Breakdown

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Purchase Price

$202k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,357

Downpayment

20%

$40,340

Closing costs

1%

$2,017

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,289

Total Expenses

$1,944

Mortgage P&I

45%

$1,024

Property Taxes

3%

$58

Home Insurance

4%

$82

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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