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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 Airbnb investment with a projected -12.34% first-year return on $92,004 initial cash invested.

-12.34%

Cash On Cash

2.73%

Cap Rate

0.48

DSCR

$1,692

Rent

-$946

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

$92,004

Downpayment

20%

$70,480

Closing costs

1%

$3,524

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,692

Total Expenses

$2,638

Mortgage P&I

99%

$1,680

Property Taxes

1%

$16

Home Insurance

8%

$129

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$423

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