REI Lense

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$3,789 (target)

1493 Frenchmans Bend Rd, Monroe, LA 71203

3 beds • 4 baths • 3057 sqft

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This property looks like a bad Long-Term investment with a projected -6.26% first-year return on $116k initial cash invested.

-6.26%

Cash On Cash

5.3%

Cap Rate

0.85

DSCR

$3,789

Rent

-$606

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,789 income − $4,395 expenses = $606 out of pocket

Income$3,789Out of Pocket$606Mortgage P&I$2,86075%Property Taxes$3509%Insurance$2015%Management$37910%CapEx$1895%Vacancy$2276%Maintenance$1895%

Investment Breakdown

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Purchase Price

$554k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$111k

Closing costs

1%

$5,536

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,789

Total Expenses

$4,395

Mortgage P&I

75%

$2,860

Property Taxes

9%

$350

Home Insurance

5%

$201

HOA

0%

$0

Property Management

10%

$379

CapEx

5%

$189

Vacancy

6%

$227

Maintenance

5%

$189

Other

0%

$0

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