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752 Simpson Way, Covington, LA 70435

3 beds • 2 baths • 1510 sqft

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This property might be a fair Airbnb investment with a projected 6.9% first-year return on $68,652 initial cash invested.

6.9%

Cash On Cash

8.65%

Cap Rate

1.45

DSCR

$3,620

Rent

$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$241k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,652

Downpayment

20%

$48,240

Closing costs

1%

$2,412

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,620

Total Expenses

$3,225

Mortgage P&I

33%

$1,199

Property Taxes

4%

$154

Home Insurance

2%

$86

HOA

1%

$48

Property Management

15%

$543

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$905

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