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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 -4.11% first-year return on $92,004 initial cash invested.

-4.11%

Cash On Cash

5.04%

Cap Rate

0.88

DSCR

$2,904

Rent

-$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,904 income − $3,219 expenses = $315 out of pocket

Income$2,904Out of Pocket$315Mortgage P&I$1,68058%Property Taxes$161%Insurance$1294%Management$43615%CapEx$1164%Maintenance$1164%Other$72625%

Investment Breakdown

|

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

$2,904

Total Expenses

$3,219

Mortgage P&I

58%

$1,680

Property Taxes

1%

$16

Home Insurance

4%

$129

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$726

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