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2503 Oak Cliff St, Lake Charles, LA 70607

3 beds • 2 baths • 1331 sqft

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This property might be a fair Long-Term investment with a projected 5.35% first-year return on $37,926 initial cash invested.

5.35%

Cash On Cash

7.67%

Cap Rate

1.27

DSCR

$1,600

Rent

$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,926

Downpayment

20%

$36,120

Closing costs

1%

$1,806

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,600

Total Expenses

$1,431

Mortgage P&I

57%

$906

Property Taxes

3%

$44

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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Comparable Property

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SQFT

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$2,850

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