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$4,624 (target)

4920 Westridge Park W, Lake Charles, LA 70605

3 beds • 3 baths • 2771 sqft

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This property could be a profitable Mid-Term investment with a projected 11.26% first-year return on $95,700 initial cash invested.

11.26%

Cash On Cash

9.43%

Cap Rate

1.59

DSCR

$4,624

Rent

$898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,624 income − $3,726 expenses = $898 cash flow

Income$4,624Mortgage P&I$1,82539%Property Taxes$1884%Insurance$1303%HOA$10Management$55512%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50911%Cash Flow$898

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,624

Total Expenses

$3,726

Mortgage P&I

39%

$1,825

Property Taxes

4%

$188

Home Insurance

3%

$130

HOA

0%

$10

Property Management

12%

$555

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$509

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