REI Lense

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$4,290 (target)

807 Downey Ln, Monroe, LA 71201

3 beds • 2 baths • 1677 sqft

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This property could be a profitable Mid-Term investment with a projected 38.85% first-year return on $54,708 initial cash invested.

38.85%

Cash On Cash

19.76%

Cap Rate

3.08

DSCR

$4,290

Rent

$1,771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,290 income − $2,519 expenses = $1,771 cash flow

Income$4,290Mortgage P&I$93522%Property Taxes$591%Insurance$652%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%Cash Flow$1,771

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$4,290

Total Expenses

$2,519

Mortgage P&I

22%

$935

Property Taxes

1%

$59

Home Insurance

2%

$65

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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