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2120 Philpot Rd, West Monroe, LA 71292

3 beds • 3 baths • 2091 sqft

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This property looks like a bad Airbnb investment with a projected -12.4% first-year return on $104k initial cash invested.

-12.4%

Cash On Cash

3.04%

Cap Rate

0.51

DSCR

$2,236

Rent

-$1,076

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,236 income − $3,312 expenses = $1,076 out of pocket

Income$2,236Out of Pocket$1,076Mortgage P&I$2,02591%Property Taxes$713%Insurance$1446%Management$33515%CapEx$894%Maintenance$894%Other$55925%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,236

Total Expenses

$3,312

Mortgage P&I

91%

$2,025

Property Taxes

3%

$71

Home Insurance

6%

$144

HOA

0%

$0

Property Management

15%

$335

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$559

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