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$2,468 (target)

70462 D St, Covington, LA 70433

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Mid-Term investment with a projected 10.07% first-year return on $58,992 initial cash invested.

10.07%

Cash On Cash

9.78%

Cap Rate

1.6

DSCR

$2,468

Rent

$495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,468 income − $1,973 expenses = $495 cash flow

Income$2,468Mortgage P&I$99740%Property Taxes$673%Insurance$703%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$495

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,992

Downpayment

20%

$39,040

Closing costs

1%

$1,952

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,468

Total Expenses

$1,973

Mortgage P&I

40%

$997

Property Taxes

3%

$67

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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