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$2,922 (target)

1717 Illinois St, Lake Charles, LA 70607

3 beds • 2 baths • 2109 sqft

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This property might be a fair Mid-Term investment with a projected 3.28% first-year return on $80,076 initial cash invested.

3.28%

Cash On Cash

7.29%

Cap Rate

1.23

DSCR

$2,922

Rent

$219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,922 income − $2,703 expenses = $219 cash flow

Income$2,922Mortgage P&I$1,45950%Property Taxes$1375%Insurance$1054%HOA$8Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%Cash Flow$219

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,076

Downpayment

20%

$59,120

Closing costs

1%

$2,956

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,922

Total Expenses

$2,703

Mortgage P&I

50%

$1,459

Property Taxes

5%

$137

Home Insurance

4%

$105

HOA

0%

$8

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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