REI Lense

REI Lense

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Target property

302 Collinwood Dr, Monroe, LA 71203

3 beds • 2 baths • 2090 sqft

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This property looks like a bad Airbnb investment with a projected -24.98% first-year return on $75,414 initial cash invested.

-24.98%

Cash On Cash

-1.14%

Cap Rate

-0.2

DSCR

$0

Rent

-$1,570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,414

Downpayment

20%

$54,680

Closing costs

1%

$2,734

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,570

Mortgage P&I

13100000%

$1,310

Property Taxes

1640000%

$164

Home Insurance

960000%

$96

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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