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$3,176 (target)

1624 W Common St, Lake Charles, LA 70601

3 beds • 3 baths • 2041 sqft

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This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $85,536 initial cash invested.

3.86%

Cash On Cash

7.52%

Cap Rate

1.25

DSCR

$3,176

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $2,901 expenses = $275 cash flow

Income$3,176Mortgage P&I$1,61351%Property Taxes$913%Insurance$1184%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$275

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,536

Downpayment

20%

$64,320

Closing costs

1%

$3,216

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,176

Total Expenses

$2,901

Mortgage P&I

51%

$1,613

Property Taxes

3%

$91

Home Insurance

4%

$118

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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