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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 Airbnb investment with a projected 2.12% first-year return on $67,392 initial cash invested.

2.12%

Cash On Cash

7.21%

Cap Rate

1.2

DSCR

$2,909

Rent

$119

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

$67,392

Downpayment

20%

$47,040

Closing costs

1%

$2,352

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,909

Total Expenses

$2,790

Mortgage P&I

41%

$1,179

Property Taxes

5%

$134

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$727

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$4,745

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2

0.57 mi

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3

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$1,764

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3

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$2,500

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4

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1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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