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1005 McMillan Rd, West Monroe, LA 71291

3 beds • 3 baths • 2336 sqft

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This property might be a fair Mid-Term investment with a projected 6.6% first-year return on $92,004 initial cash invested.

6.6%

Cash On Cash

7.92%

Cap Rate

1.39

DSCR

$3,532

Rent

$506

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

$3,532

Total Expenses

$3,026

Mortgage P&I

48%

$1,680

Property Taxes

0%

$16

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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