Assignment
Assignable Contract — 3BR Single Family, ~$45,000K Equity · Monroe, LA
1401 Hudson Ln, Monroe, LA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths8 / 3.5
Living area2,600 sqft
Lot0.2 acres
Year built1963
About this deal
Under contract and ready to assign. Single Family in Monroe, LA — 3 bed / 2.0 bath, 1,936 sq ft, built 1936. Priced at $115,000. Motivated seller, clear title, flexible close. Proof of funds required.
The numbers
- Cap rate
- 5.8%
- Net operating income
- $23,976/yr
- Cash flow
- +$1,998/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.