REI Lense

REI Lense

Unlock all features! Tap here to upgrade

501 N Corniche Du Lac, Covington, LA 70433

3 beds • 3 baths • 2979 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.22% first-year return on $190k initial cash invested.

-23.22%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$2,341

Rent

-$3,677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$819k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$190k

Downpayment

20%

$164k

Closing costs

1%

$8,193

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,341

Total Expenses

$6,018

Mortgage P&I

169%

$3,959

Property Taxes

21%

$502

Home Insurance

13%

$297

HOA

6%

$136

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$585

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis