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$3,806 (target)

1707 Hodges St, Lake Charles, LA 70601

3 beds • 2 baths • 1682 sqft

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This property could be a profitable Mid-Term investment with a projected 36.54% first-year return on $51,495 initial cash invested.

36.54%

Cash On Cash

19.18%

Cap Rate

3.07

DSCR

$3,806

Rent

$1,568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,806 income − $2,238 expenses = $1,568 cash flow

Income$3,806Mortgage P&I$83022%Property Taxes$321%Insurance$822%Management$45712%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41911%Cash Flow$1,568

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,495

Downpayment

20%

$31,900

Closing costs

1%

$1,595

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,806

Total Expenses

$2,238

Mortgage P&I

22%

$830

Property Taxes

1%

$32

Home Insurance

2%

$82

HOA

0%

$0

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

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