REI Lense

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$3,218 (target)

305 Bayou Oaks Dr, Monroe, LA 71203

3 beds • 2 baths • 1543 sqft

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This property could be a profitable Mid-Term investment with a projected 15.24% first-year return on $64,473 initial cash invested.

15.24%

Cash On Cash

11.29%

Cap Rate

1.84

DSCR

$3,218

Rent

$819

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,218 income − $2,399 expenses = $819 cash flow

Income$3,218Mortgage P&I$1,13435%Property Taxes$913%Insurance$792%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%Cash Flow$819

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,473

Downpayment

20%

$44,260

Closing costs

1%

$2,213

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,218

Total Expenses

$2,399

Mortgage P&I

35%

$1,134

Property Taxes

3%

$91

Home Insurance

2%

$79

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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