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612 Colonial Dr, Lake charles, LA 70611

4 beds • 3 baths • 2675 sqft

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This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $77,490 initial cash invested.

-7.23%

Cash On Cash

4.78%

Cap Rate

0.81

DSCR

$2,320

Rent

-$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,320

Total Expenses

$2,787

Mortgage P&I

78%

$1,820

Property Taxes

10%

$235

Home Insurance

6%

$129

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3

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4

3

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1.3 mi

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2

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2

1

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5

4

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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