REI Lense

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$2,246 (target)

1211 Red Cut Loop Rd, West Monroe, LA 71292

3 beds • 2 baths • 1696 sqft

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This property might be a fair Mid-Term investment with a projected 5.72% first-year return on $61,890 initial cash invested.

5.72%

Cash On Cash

8.43%

Cap Rate

1.36

DSCR

$2,246

Rent

$295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,246 income − $1,951 expenses = $295 cash flow

Income$2,246Mortgage P&I$1,08448%Property Taxes$301%Insurance$733%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$295

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,246

Total Expenses

$1,951

Mortgage P&I

48%

$1,084

Property Taxes

1%

$30

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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