REI Lense

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$4,481 (target)

139 Light House Ln, Lake Charles, LA 70607

3 beds • 3 baths • 1879 sqft

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This property might be a fair Long-Term investment with a projected 5.36% first-year return on $96,180 initial cash invested.

5.36%

Cash On Cash

7.7%

Cap Rate

1.29

DSCR

$4,481

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,481 income − $4,051 expenses = $430 cash flow

Income$4,481Mortgage P&I$2,28651%Property Taxes$43410%Insurance$1664%Management$44810%CapEx$2245%Vacancy$2696%Maintenance$2245%Cash Flow$430

Investment Breakdown

|

Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,180

Downpayment

20%

$91,600

Closing costs

1%

$4,580

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,481

Total Expenses

$4,051

Mortgage P&I

51%

$2,286

Property Taxes

10%

$434

Home Insurance

4%

$166

HOA

0%

$0

Property Management

10%

$448

CapEx

5%

$224

Vacancy

6%

$269

Maintenance

5%

$224

Other

0%

$0

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