REI Lense

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$1,702 (target)

958 Buckhorn Bend Rd, Monroe, LA 71202

3 beds • 2 baths • 1437 sqft

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This property might be a fair Mid-Term investment with a projected 8.6% first-year return on $46,350 initial cash invested.

8.6%

Cash On Cash

9.71%

Cap Rate

1.58

DSCR

$1,702

Rent

$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,702 income − $1,370 expenses = $332 cash flow

Income$1,702Mortgage P&I$69241%Property Taxes$533%Insurance$473%Management$20412%CapEx$684%Vacancy$513%Maintenance$684%Other$18711%Cash Flow$332

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,702

Total Expenses

$1,370

Mortgage P&I

41%

$692

Property Taxes

3%

$53

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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