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1110 N 2nd St, West Monroe, LA 71291

3 beds • 2 baths • 2511 sqft

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This property might be a fair Long-Term investment with a projected 1% first-year return on $49,392 initial cash invested.

1%

Cash On Cash

6.72%

Cap Rate

1.12

DSCR

$1,940

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,392

Downpayment

20%

$47,040

Closing costs

1%

$2,352

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,940

Total Expenses

$1,899

Mortgage P&I

61%

$1,179

Property Taxes

7%

$134

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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