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$1,832 (target)

24445 Sanders Rd, Covington, LA 70435

3 beds • 2 baths • 1378 sqft

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This property looks like a bad Long-Term investment with a projected -5.17% first-year return on $55,944 initial cash invested.

-5.17%

Cash On Cash

5.4%

Cap Rate

0.89

DSCR

$1,832

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,832 income − $2,073 expenses = $241 out of pocket

Income$1,832Out of Pocket$241Mortgage P&I$1,34774%Property Taxes$1528%Insurance$975%Management$18310%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,944

Downpayment

20%

$53,280

Closing costs

1%

$2,664

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,832

Total Expenses

$2,073

Mortgage P&I

74%

$1,347

Property Taxes

8%

$152

Home Insurance

5%

$97

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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