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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 9.35% first-year return on $68,652 initial cash invested.

9.35%

Cash On Cash

9.4%

Cap Rate

1.58

DSCR

$3,891

Rent

$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,891 income − $3,356 expenses = $535 cash flow

Income$3,891Mortgage P&I$1,19931%Property Taxes$1544%Insurance$862%HOA$481%Management$58415%CapEx$1564%Maintenance$1564%Other$97325%Cash Flow$535

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

$3,891

Total Expenses

$3,356

Mortgage P&I

31%

$1,199

Property Taxes

4%

$154

Home Insurance

2%

$86

HOA

1%

$48

Property Management

15%

$584

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$973

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