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1040 Good Hope Rd, West Monroe, LA 71291

3 beds • 2 baths • 2112 sqft

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This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $82,050 initial cash invested.

4.99%

Cash On Cash

7.61%

Cap Rate

1.32

DSCR

$3,093

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,093

Total Expenses

$2,752

Mortgage P&I

47%

$1,469

Property Taxes

4%

$124

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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