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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 might be a fair Long-Term investment with a projected 3.84% first-year return on $45,024 initial cash invested.
3.84%
Cash On Cash
7.47%
Cap Rate
1.21
DSCR
$1,834
Rent
$144
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,834 income − $1,690 expenses = $144 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,024
Downpayment
20%
$42,880
Closing costs
1%
$2,144
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,834
Total Expenses
$1,690
Mortgage P&I
60%
$1,098
Property Taxes
2%
$38
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0