REI Lense

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$1,538 (target)

2008 S 6th St, Monroe, LA 71202

3 beds • 2 baths • 1780 sqft

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This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $55,800 initial cash invested.

0.17%

Cash On Cash

6.69%

Cap Rate

1.07

DSCR

$1,538

Rent

$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,538 income − $1,530 expenses = $8 cash flow

Income$1,538Mortgage P&I$93461%Property Taxes$91%Insurance$634%Management$18512%CapEx$624%Vacancy$463%Maintenance$624%Other$16911%Cash Flow$8

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,538

Total Expenses

$1,530

Mortgage P&I

61%

$934

Property Taxes

1%

$9

Home Insurance

4%

$63

HOA

0%

$0

Property Management

12%

$185

CapEx

4%

$62

Vacancy

3%

$46

Maintenance

4%

$62

Other

11%

$169

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