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529 Park Ave, New Iberia, LA 70560

3 beds • 2 baths • 2364 sqft

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This property could be a profitable Airbnb investment with a projected 57.86% first-year return on $23,250 initial cash invested.

57.86%

Cash On Cash

64.9%

Cap Rate

10.4

DSCR

$2,513

Rent

$1,121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,513 income − $1,392 expenses = $1,121 cash flow

Income$2,513Mortgage P&I$1305%Property Taxes$462%Insurance$9Management$37715%CapEx$1014%Maintenance$1014%Other$62825%Cash Flow$1,121

Investment Breakdown

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Purchase Price

$25,000

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,250

Downpayment

20%

$5,000

Closing costs

1%

$250

Rehab

0%

$0

Furnishing

72%

$18,000

Cashflow

Total Income

$2,513

Total Expenses

$1,392

Mortgage P&I

5%

$130

Property Taxes

2%

$46

Home Insurance

0%

$9

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$628

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