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$3,564 (target)

7220 Vermillion Dr, Lake Charles, LA 70605

3 beds • 4 baths • 1887 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $99,375 initial cash invested.

0.77%

Cash On Cash

6.56%

Cap Rate

1.11

DSCR

$3,564

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,564 income − $3,500 expenses = $64 cash flow

Income$3,564Mortgage P&I$1,91154%Property Taxes$2276%Insurance$1494%Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39211%Cash Flow$64

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,564

Total Expenses

$3,500

Mortgage P&I

54%

$1,911

Property Taxes

6%

$227

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$392

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