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$2,864 (target)

20010 5th Ave, Covington, LA 70433

3 beds • 3 baths • 2461 sqft

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This property might be a fair Long-Term investment with a projected 0.43% first-year return on $74,739 initial cash invested.

0.43%

Cash On Cash

6.77%

Cap Rate

1.09

DSCR

$2,864

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,864 income − $2,837 expenses = $27 cash flow

Income$2,864Mortgage P&I$1,83764%Property Taxes$1254%Insurance$1315%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%Cash Flow$27

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,739

Downpayment

20%

$71,180

Closing costs

1%

$3,559

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,864

Total Expenses

$2,837

Mortgage P&I

64%

$1,837

Property Taxes

4%

$125

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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