REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,385 (target)

219 Covington Dr, Benton, LA 71006

3 beds • 2 baths • 2220 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.7% first-year return on $77,679 initial cash invested.

-6.7%

Cash On Cash

4.76%

Cap Rate

0.82

DSCR

$2,385

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,385 income − $2,819 expenses = $434 out of pocket

Income$2,385Out of Pocket$434Mortgage P&I$1,78375%Property Taxes$28712%Insurance$1305%Management$23810%CapEx$1195%Vacancy$1436%Maintenance$1195%

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,385

Total Expenses

$2,819

Mortgage P&I

75%

$1,783

Property Taxes

12%

$287

Home Insurance

5%

$130

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis