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620 Cambridge Dr, Lafayette, LA 70503

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -9.44% first-year return on $98,241 initial cash invested.

-9.44%

Cash On Cash

4.01%

Cap Rate

0.66

DSCR

$2,789

Rent

-$773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,789 income − $3,562 expenses = $773 out of pocket

Income$2,789Out of Pocket$773Mortgage P&I$1,93869%Property Taxes$1455%Insurance$1405%Management$41815%CapEx$1124%Maintenance$1124%Other$69725%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,241

Downpayment

20%

$76,420

Closing costs

1%

$3,821

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,789

Total Expenses

$3,562

Mortgage P&I

69%

$1,938

Property Taxes

5%

$145

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$697

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