REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,162 (target)

315 University Dr, Lake Charles, LA 70605

3 beds • 3 baths • 2234 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.67% first-year return on $52,986 initial cash invested.

8.67%

Cash On Cash

9.58%

Cap Rate

1.54

DSCR

$2,162

Rent

$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,162 income − $1,779 expenses = $383 cash flow

Income$2,162Mortgage P&I$86140%Property Taxes$1246%Insurance$603%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23811%Cash Flow$383

Investment Breakdown

|

Purchase Price

$167k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,986

Downpayment

20%

$33,320

Closing costs

1%

$1,666

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,162

Total Expenses

$1,779

Mortgage P&I

40%

$861

Property Taxes

6%

$124

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$238

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis