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584 Marion Sims Rd, West Monroe, LA 71292

3 beds • 2 baths • 1389 sqft

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This property looks like a bad Airbnb investment with a projected -3.5% first-year return on $79,236 initial cash invested.

-3.5%

Cash On Cash

5.39%

Cap Rate

0.92

DSCR

$2,791

Rent

-$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,791 income − $3,022 expenses = $231 out of pocket

Income$2,791Out of Pocket$231Mortgage P&I$1,42951%Property Taxes$1495%Insurance$1034%Management$41915%CapEx$1124%Maintenance$1124%Other$69825%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,236

Downpayment

20%

$58,320

Closing costs

1%

$2,916

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,791

Total Expenses

$3,022

Mortgage P&I

51%

$1,429

Property Taxes

5%

$149

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$419

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$698

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