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$3,340 (target)

72656 Robindale Dr, Covington, LA 70435

3 beds • 2 baths • 1618 sqft

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This property looks like a bad Mid-Term investment with a projected -4.47% first-year return on $107k initial cash invested.

-4.47%

Cash On Cash

5.45%

Cap Rate

0.88

DSCR

$3,340

Rent

-$397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,340 income − $3,737 expenses = $397 out of pocket

Income$3,340Out of Pocket$397Mortgage P&I$2,17865%Property Taxes$2598%Insurance$1494%HOA$15Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%

Investment Breakdown

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Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,380

Closing costs

1%

$4,219

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$3,737

Mortgage P&I

65%

$2,178

Property Taxes

8%

$259

Home Insurance

4%

$149

HOA

0%

$15

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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