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607 Lockwood Ct, Lake Charles, LA 70605

3 beds • 2 baths • 2147 sqft

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This property looks like a bad Long-Term investment with a projected -4.24% first-year return on $47,544 initial cash invested.

-4.24%

Cash On Cash

5.7%

Cap Rate

0.93

DSCR

$1,640

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,544

Downpayment

20%

$45,280

Closing costs

1%

$2,264

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$1,808

Mortgage P&I

71%

$1,162

Property Taxes

9%

$140

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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