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$2,583 (target)

2628 Ravenway Dr, Lake charles, LA 70611

3 beds • 2 baths • 1614 sqft

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This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $73,188 initial cash invested.

1.59%

Cash On Cash

6.95%

Cap Rate

1.15

DSCR

$2,583

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,583 income − $2,486 expenses = $97 cash flow

Income$2,583Mortgage P&I$1,32351%Property Taxes$1948%Insurance$924%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%Cash Flow$97

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,188

Downpayment

20%

$52,560

Closing costs

1%

$2,628

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,583

Total Expenses

$2,486

Mortgage P&I

51%

$1,323

Property Taxes

8%

$194

Home Insurance

4%

$92

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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