REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,739 (target)

1012 W 11th Ave, Covington, LA 70433

3 beds • 3 baths • 2484 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.45% first-year return on $156k initial cash invested.

-0.45%

Cash On Cash

6.38%

Cap Rate

1.05

DSCR

$5,739

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,739 income − $5,798 expenses = $59 out of pocket

Income$5,739Out of Pocket$59Mortgage P&I$3,32858%Property Taxes$2785%Insurance$2404%Management$68912%CapEx$2304%Vacancy$1723%Maintenance$2304%Other$63111%

Investment Breakdown

|

Purchase Price

$658k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$132k

Closing costs

1%

$6,581

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,739

Total Expenses

$5,798

Mortgage P&I

58%

$3,328

Property Taxes

5%

$278

Home Insurance

4%

$240

HOA

0%

$0

Property Management

12%

$689

CapEx

4%

$230

Vacancy

3%

$172

Maintenance

4%

$230

Other

11%

$631

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis