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3718 Ernest St, Lake Charles, LA 70605

3 beds • 2 baths • 1880 sqft

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This property could be a profitable Long-Term investment with a projected 11.92% first-year return on $31,710 initial cash invested.

11.92%

Cash On Cash

9.17%

Cap Rate

1.52

DSCR

$1,630

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,710

Downpayment

20%

$30,200

Closing costs

1%

$1,510

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,630

Total Expenses

$1,315

Mortgage P&I

46%

$757

Property Taxes

3%

$55

Home Insurance

5%

$78

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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