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605 Terrell Ct, New Iberia, LA 70563

3 beds • 3 baths • 2640 sqft

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This property looks like a bad Airbnb investment with a projected -9.04% first-year return on $98,850 initial cash invested.

-9.04%

Cash On Cash

3.89%

Cap Rate

0.66

DSCR

$2,749

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,749 income − $3,494 expenses = $745 out of pocket

Income$2,749Out of Pocket$745Mortgage P&I$1,88268%Property Taxes$1586%Insurance$1355%Management$41215%CapEx$1104%Maintenance$1104%Other$68725%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,749

Total Expenses

$3,494

Mortgage P&I

68%

$1,882

Property Taxes

6%

$158

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$687

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