REI Lense

REI Lense

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$1,419 (target)

821 E Santa Clara St, New Iberia, LA 70563

3 beds • 2 baths • 1248 sqft

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This property might be a fair Long-Term investment with a projected 2.24% first-year return on $35,406 initial cash invested.

2.24%

Cash On Cash

7.28%

Cap Rate

1.15

DSCR

$1,419

Rent

$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,419 income − $1,353 expenses = $66 cash flow

Income$1,419Mortgage P&I$88662%Property Taxes$383%Insurance$604%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$66

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,406

Downpayment

20%

$33,720

Closing costs

1%

$1,686

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,419

Total Expenses

$1,353

Mortgage P&I

62%

$886

Property Taxes

3%

$38

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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