REI Lense

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$2,115 (target)

1104 7th St, Lake Charles, LA 70601

3 beds • 2 baths • 1894 sqft

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This property might be a fair Long-Term investment with a projected 3.52% first-year return on $52,122 initial cash invested.

3.52%

Cash On Cash

7.27%

Cap Rate

1.21

DSCR

$2,115

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,115 income − $1,962 expenses = $153 cash flow

Income$2,115Mortgage P&I$1,24459%Property Taxes$764%Insurance$914%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%Cash Flow$153

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,122

Downpayment

20%

$49,640

Closing costs

1%

$2,482

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,115

Total Expenses

$1,962

Mortgage P&I

59%

$1,244

Property Taxes

4%

$76

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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