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$3,872 (target)

504 Mount Hope Ct, Covington, LA 70433

3 beds • 3 baths • 1966 sqft

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This property looks like a bad Mid-Term investment with a projected -12.15% first-year return on $158k initial cash invested.

-12.15%

Cash On Cash

3.5%

Cap Rate

0.57

DSCR

$3,872

Rent

-$1,596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,872 income − $5,468 expenses = $1,596 out of pocket

Income$3,872Out of Pocket$1,596Mortgage P&I$3,38387%Property Taxes$40510%Insurance$2336%HOA$1303%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%

Investment Breakdown

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Purchase Price

$665k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,872

Total Expenses

$5,468

Mortgage P&I

87%

$3,383

Property Taxes

10%

$405

Home Insurance

6%

$233

HOA

3%

$130

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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