REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3718 Ernest St, Lake Charles, LA 70605

3 beds • 2 baths • 1880 sqft

Email

This property could be a profitable Airbnb investment with a projected 17.91% first-year return on $49,710 initial cash invested.

17.91%

Cash On Cash

12.91%

Cap Rate

2.15

DSCR

$3,136

Rent

$742

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

$49,710

Downpayment

20%

$30,200

Closing costs

1%

$1,510

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,136

Total Expenses

$2,394

Mortgage P&I

24%

$757

Property Taxes

2%

$55

Home Insurance

2%

$78

HOA

0%

$0

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$784

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

College St B&B - Close to Casinos

$3,376

$179

3

2

0.48 mi

Cheerful three bedroom home South Lake Charles

$1,829

$97

3

2

0.65 mi

Custom built home in Lake Charles!

$4,224

$224

3

2

0.68 mi

Centrally Located 3 bed 2bath!

$1,829

$97

3

2

0.7 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis