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$3,790 (target)

74327 Military Rd, Covington, LA 70435

3 beds • 3 baths • 3081 sqft

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This property looks like a bad Mid-Term investment with a projected -14.75% first-year return on $196k initial cash invested.

-14.75%

Cash On Cash

3.04%

Cap Rate

0.49

DSCR

$3,790

Rent

-$2,405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,790 income − $6,195 expenses = $2,405 out of pocket

Income$3,790Out of Pocket$2,405Mortgage P&I$4,397116%Property Taxes$892%Insurance$41911%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%

Investment Breakdown

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Purchase Price

$846k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$169k

Closing costs

1%

$8,461

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,790

Total Expenses

$6,195

Mortgage P&I

116%

$4,397

Property Taxes

2%

$89

Home Insurance

11%

$419

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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