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$3,267 (target)

308 Lismore Ln, Covington, LA 70433

3 beds • 3 baths • 1521 sqft

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This property might be a fair Mid-Term investment with a projected 5.85% first-year return on $71,193 initial cash invested.

5.85%

Cash On Cash

8.88%

Cap Rate

1.34

DSCR

$3,267

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,267 income − $2,920 expenses = $347 cash flow

Income$3,267Mortgage P&I$1,39643%Property Taxes$1976%Insurance$913%HOA$1254%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%Cash Flow$347

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,267

Total Expenses

$2,920

Mortgage P&I

43%

$1,396

Property Taxes

6%

$197

Home Insurance

3%

$91

HOA

4%

$125

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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