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$5,684 (target)

1493 Frenchmans Bend Rd, Monroe, LA 71203

3 beds • 4 baths • 3057 sqft

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This property might be a fair Mid-Term investment with a projected 3.05% first-year return on $134k initial cash invested.

3.05%

Cash On Cash

7.43%

Cap Rate

1.2

DSCR

$5,684

Rent

$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,684 income − $5,343 expenses = $341 cash flow

Income$5,684Mortgage P&I$2,86050%Property Taxes$3506%Insurance$2014%Management$68212%CapEx$2274%Vacancy$1713%Maintenance$2274%Other$62511%Cash Flow$341

Investment Breakdown

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Purchase Price

$554k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,536

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,684

Total Expenses

$5,343

Mortgage P&I

50%

$2,860

Property Taxes

6%

$350

Home Insurance

4%

$201

HOA

0%

$0

Property Management

12%

$682

CapEx

4%

$227

Vacancy

3%

$171

Maintenance

4%

$227

Other

11%

$625

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