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296 Mount Vernon Church Rd, West Monroe, LA 71292
3 beds • 3 baths • 1806 sqft
$214,400
View on ZillowThis property could be a profitable Mid-Term investment with a projected 11.46% first-year return on $63,024 initial cash invested.
11.46%
Cash On Cash
10.13%
Cap Rate
1.65
DSCR
$2,751
Rent
$602
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,751 income − $2,149 expenses = $602 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,024
Downpayment
20%
$42,880
Closing costs
1%
$2,144
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,751
Total Expenses
$2,149
Mortgage P&I
40%
$1,098
Property Taxes
1%
$38
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303