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$2,288 (target)

609 Peach St, New Iberia, LA 70560

3 beds • 2 baths • 1522 sqft

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This property could be a profitable Mid-Term investment with a projected 10.12% first-year return on $56,535 initial cash invested.

10.12%

Cash On Cash

9.95%

Cap Rate

1.6

DSCR

$2,288

Rent

$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,288 income − $1,811 expenses = $477 cash flow

Income$2,288Mortgage P&I$95242%Property Taxes$141%Insurance$653%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$477

Investment Breakdown

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Purchase Price

$184k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,535

Downpayment

20%

$36,700

Closing costs

1%

$1,835

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,288

Total Expenses

$1,811

Mortgage P&I

42%

$952

Property Taxes

1%

$14

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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