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70498 K St, Covington, LA 70433

3 beds • 2 baths • 1302 sqft

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This property might be a fair Airbnb investment with a projected 5.17% first-year return on $64,725 initial cash invested.

5.17%

Cash On Cash

8.32%

Cap Rate

1.35

DSCR

$3,064

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,064 income − $2,785 expenses = $279 cash flow

Income$3,064Mortgage P&I$1,14037%Property Taxes$933%Insurance$803%Management$46015%CapEx$1234%Maintenance$1234%Other$76625%Cash Flow$279

Investment Breakdown

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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

$3,064

Total Expenses

$2,785

Mortgage P&I

37%

$1,140

Property Taxes

3%

$93

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$766

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