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244 Springhill Rd, Monroe, LA 71203

3 beds • 2 baths • 1745 sqft

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This property looks like a bad Airbnb investment with a projected -6.66% first-year return on $86,649 initial cash invested.

-6.66%

Cash On Cash

4.73%

Cap Rate

0.77

DSCR

$2,676

Rent

-$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $3,157 expenses = $481 out of pocket

Income$2,676Out of Pocket$481Mortgage P&I$1,66262%Property Taxes$944%Insurance$1174%Management$40115%CapEx$1074%Maintenance$1074%Other$66925%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,649

Downpayment

20%

$65,380

Closing costs

1%

$3,269

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$3,157

Mortgage P&I

62%

$1,662

Property Taxes

4%

$94

Home Insurance

4%

$117

HOA

0%

$0

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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