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$3,536 (target)

17120 Pine Acres Rd, Covington, LA 70435

3 beds • 3 baths • 2159 sqft

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This property might be a fair Mid-Term investment with a projected 8.38% first-year return on $84,927 initial cash invested.

8.38%

Cash On Cash

8.68%

Cap Rate

1.47

DSCR

$3,536

Rent

$593

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,536 income − $2,943 expenses = $593 cash flow

Income$3,536Mortgage P&I$1,57144%Property Taxes$552%Insurance$1163%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%Cash Flow$593

Investment Breakdown

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Purchase Price

$319k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,927

Downpayment

20%

$63,740

Closing costs

1%

$3,187

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,536

Total Expenses

$2,943

Mortgage P&I

44%

$1,571

Property Taxes

2%

$55

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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