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$2,598 (target)

18313 Cusachs Dr, Covington, LA 70433

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Mid-Term investment with a projected -5.07% first-year return on $94,440 initial cash invested.

-5.07%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$2,598

Rent

-$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,598 income − $2,997 expenses = $399 out of pocket

Income$2,598Out of Pocket$399Mortgage P&I$1,81170%Property Taxes$1717%Insurance$1315%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,440

Downpayment

20%

$72,800

Closing costs

1%

$3,640

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,598

Total Expenses

$2,997

Mortgage P&I

70%

$1,811

Property Taxes

7%

$171

Home Insurance

5%

$131

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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