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$6,722 (target)

139 Light House Ln, Lake Charles, LA 70607

3 beds • 3 baths • 1879 sqft

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This property could be a profitable Mid-Term investment with a projected 16.29% first-year return on $114k initial cash invested.

16.29%

Cash On Cash

10.76%

Cap Rate

1.8

DSCR

$6,722

Rent

$1,550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,722 income − $5,172 expenses = $1,550 cash flow

Income$6,722Mortgage P&I$2,28634%Property Taxes$4346%Insurance$1662%Management$80712%CapEx$2694%Vacancy$2023%Maintenance$2694%Other$73911%Cash Flow$1,550

Investment Breakdown

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Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,600

Closing costs

1%

$4,580

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,722

Total Expenses

$5,172

Mortgage P&I

34%

$2,286

Property Taxes

6%

$434

Home Insurance

2%

$166

HOA

0%

$0

Property Management

12%

$807

CapEx

4%

$269

Vacancy

3%

$202

Maintenance

4%

$269

Other

11%

$739

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