REI Lense

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$3,688 (target)

3345 Lake Crest Dr, Lake Charles, LA 70607

3 beds • 2 baths • 2157 sqft

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This property might be a fair Mid-Term investment with a projected 4.76% first-year return on $89,190 initial cash invested.

4.76%

Cash On Cash

7.7%

Cap Rate

1.3

DSCR

$3,688

Rent

$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,688 income − $3,334 expenses = $354 cash flow

Income$3,688Mortgage P&I$1,67245%Property Taxes$2647%Insurance$1193%HOA$231%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$354

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,688

Total Expenses

$3,334

Mortgage P&I

45%

$1,672

Property Taxes

7%

$264

Home Insurance

3%

$119

HOA

1%

$23

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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