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253 Myrtle Dr, Farmerville, LA 71241

3 beds • 2 baths • 2143 sqft

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This property looks like a bad Airbnb investment with a projected -3.76% first-year return on $76,674 initial cash invested.

-3.76%

Cash On Cash

5.13%

Cap Rate

0.9

DSCR

$2,523

Rent

-$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,523 income − $2,763 expenses = $240 out of pocket

Income$2,523Out of Pocket$240Mortgage P&I$1,33453%Property Taxes$1175%Insurance$1014%Management$37815%CapEx$1014%Maintenance$1014%Other$63125%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,674

Downpayment

20%

$55,880

Closing costs

1%

$2,794

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,523

Total Expenses

$2,763

Mortgage P&I

53%

$1,334

Property Taxes

5%

$117

Home Insurance

4%

$101

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$631

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