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14 Riverbend Ln, Covington, LA 70433

3 beds • 4 baths • 3190 sqft

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This property looks like a bad Airbnb investment with a projected -20.48% first-year return on $201k initial cash invested.

-20.48%

Cash On Cash

1.17%

Cap Rate

0.2

DSCR

$2,927

Rent

-$3,433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$872k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$174k

Closing costs

1%

$8,721

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,927

Total Expenses

$6,360

Mortgage P&I

142%

$4,164

Property Taxes

16%

$467

Home Insurance

11%

$324

HOA

0%

$0

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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