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2704 Oak Dr, Monroe, LA 71201

3 beds • 3 baths • 2835 sqft

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This property might be a fair Long-Term investment with a projected 1.42% first-year return on $90,279 initial cash invested.

1.42%

Cash On Cash

6.5%

Cap Rate

1.14

DSCR

$3,426

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,279

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,426

Total Expenses

$3,319

Mortgage P&I

60%

$2,049

Property Taxes

7%

$229

Home Insurance

4%

$150

HOA

0%

$0

Property Management

10%

$343

CapEx

5%

$171

Vacancy

6%

$206

Maintenance

5%

$171

Other

0%

$0

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