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1005 McMillan Rd, West Monroe, LA 71291

3 beds • 3 baths • 2336 sqft

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This property looks like a bad Long-Term investment with a projected -1.35% first-year return on $74,004 initial cash invested.

-1.35%

Cash On Cash

5.84%

Cap Rate

1.02

DSCR

$2,355

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,004

Downpayment

20%

$70,480

Closing costs

1%

$3,524

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,355

Total Expenses

$2,438

Mortgage P&I

71%

$1,680

Property Taxes

1%

$16

Home Insurance

5%

$129

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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