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1020 W 19th Ave, Covington, LA 70433

3 beds • 3 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -15.86% first-year return on $110k initial cash invested.

-15.86%

Cash On Cash

2.14%

Cap Rate

0.36

DSCR

$1,878

Rent

-$1,459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,878 income − $3,337 expenses = $1,459 out of pocket

Income$1,878Out of Pocket$1,459Mortgage P&I$2,169115%Property Taxes$1126%Insurance$1548%Management$28215%CapEx$754%Maintenance$754%Other$47025%

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,000

Closing costs

1%

$4,400

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,878

Total Expenses

$3,337

Mortgage P&I

116%

$2,169

Property Taxes

6%

$112

Home Insurance

8%

$154

HOA

0%

$0

Property Management

15%

$282

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$470

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