REI Lense

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$3,021 (target)

1142 N Tamela Dr, Lake Charles, LA 70605

3 beds • 2 baths • 2405 sqft

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This property might be a fair Long-Term investment with a projected 6.15% first-year return on $66,150 initial cash invested.

6.15%

Cash On Cash

8.06%

Cap Rate

1.3

DSCR

$3,021

Rent

$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,021 income − $2,682 expenses = $339 cash flow

Income$3,021Mortgage P&I$1,62654%Property Taxes$1615%Insurance$1104%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%Cash Flow$339

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,021

Total Expenses

$2,682

Mortgage P&I

54%

$1,626

Property Taxes

5%

$161

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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