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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 -8.07% first-year return on $75,414 initial cash invested.

-8.07%

Cash On Cash

3.88%

Cap Rate

0.68

DSCR

$2,045

Rent

-$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,045 income − $2,552 expenses = $507 out of pocket

Income$2,045Out of Pocket$507Mortgage P&I$1,31064%Property Taxes$1648%Insurance$965%Management$30715%CapEx$824%Maintenance$824%Other$51125%

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

$2,045

Total Expenses

$2,552

Mortgage P&I

64%

$1,310

Property Taxes

8%

$164

Home Insurance

5%

$96

HOA

0%

$0

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

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