REI Lense

REI Lense

Unlock all features! Tap here to upgrade

70498 K St, Covington, LA 70433

3 beds • 2 baths • 1302 sqft

Email

This property looks like a bad Airbnb investment with a projected -0.59% first-year return on $64,725 initial cash invested.

-0.59%

Cash On Cash

6.5%

Cap Rate

1.06

DSCR

$2,461

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,461 income − $2,493 expenses = $32 out of pocket

Income$2,461Out of Pocket$32Mortgage P&I$1,14046%Property Taxes$934%Insurance$803%Management$36915%CapEx$984%Maintenance$984%Other$61525%

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,725

Downpayment

20%

$44,500

Closing costs

1%

$2,225

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,461

Total Expenses

$2,493

Mortgage P&I

46%

$1,140

Property Taxes

4%

$93

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$615

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis