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1901 Richard Dr, Monroe, LA 71201

3 beds • 2 baths • 1468 sqft

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This property looks like a bad Long-Term investment with a projected -5.15% first-year return on $46,095 initial cash invested.

-5.15%

Cash On Cash

5.41%

Cap Rate

0.89

DSCR

$1,508

Rent

-$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,095

Downpayment

20%

$43,900

Closing costs

1%

$2,195

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,508

Total Expenses

$1,706

Mortgage P&I

74%

$1,112

Property Taxes

8%

$126

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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