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2704 Oak Dr, Monroe, LA 71201

3 beds • 3 baths • 2835 sqft

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This property could be a profitable Mid-Term investment with a projected 10.67% first-year return on $108k initial cash invested.

10.67%

Cash On Cash

8.98%

Cap Rate

1.57

DSCR

$5,139

Rent

$963

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

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,139

Total Expenses

$4,176

Mortgage P&I

40%

$2,049

Property Taxes

4%

$229

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$617

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$565

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