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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 -11.07% first-year return on $104k initial cash invested.

-11.07%

Cash On Cash

3.4%

Cap Rate

0.57

DSCR

$2,460

Rent

-$960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,460 income − $3,420 expenses = $960 out of pocket

Income$2,460Out of Pocket$960Mortgage P&I$2,02582%Property Taxes$713%Insurance$1446%Management$36915%CapEx$984%Maintenance$984%Other$61525%

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

$2,460

Total Expenses

$3,420

Mortgage P&I

82%

$2,025

Property Taxes

3%

$71

Home Insurance

6%

$144

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$615

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