REI Lense

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$2,178 (target)

308 Lismore Ln, Covington, LA 70433

3 beds • 3 baths • 1521 sqft

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This property looks like a bad Long-Term investment with a projected -4.47% first-year return on $53,193 initial cash invested.

-4.47%

Cash On Cash

6.19%

Cap Rate

0.94

DSCR

$2,178

Rent

-$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,178 income − $2,376 expenses = $198 out of pocket

Income$2,178Out of Pocket$198Mortgage P&I$1,39664%Property Taxes$1979%Insurance$914%HOA$1256%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,178

Total Expenses

$2,376

Mortgage P&I

64%

$1,396

Property Taxes

9%

$197

Home Insurance

4%

$91

HOA

6%

$125

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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