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4053 Monarch Ln, Covington, LA 70433

3 beds • 2 baths • 1740 sqft

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This property looks like a bad Long-Term investment with a projected -12.6% first-year return on $81,690 initial cash invested.

-12.6%

Cash On Cash

3.42%

Cap Rate

0.6

DSCR

$2,081

Rent

-$858

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,081

Total Expenses

$2,939

Mortgage P&I

90%

$1,863

Property Taxes

17%

$345

Home Insurance

7%

$136

HOA

3%

$54

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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