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$2,256 (target)

529 Park Ave, New Iberia, LA 70560

3 beds • 2 baths • 2364 sqft

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This property could be a profitable Mid-Term investment with a projected 67.3% first-year return on $23,250 initial cash invested.

67.3%

Cash On Cash

73.15%

Cap Rate

11.72

DSCR

$2,256

Rent

$1,304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,256 income − $952 expenses = $1,304 cash flow

Income$2,256Mortgage P&I$1306%Property Taxes$462%Insurance$9Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$1,304

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

$2,256

Total Expenses

$952

Mortgage P&I

6%

$130

Property Taxes

2%

$46

Home Insurance

0%

$9

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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