REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,014 (target)

75506 Joyce Dr, Covington, LA 70435

3 beds • 2 baths • 1522 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.71% first-year return on $55,440 initial cash invested.

-2.71%

Cash On Cash

5.93%

Cap Rate

0.98

DSCR

$2,014

Rent

-$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,014 income − $2,139 expenses = $125 out of pocket

Income$2,014Out of Pocket$125Mortgage P&I$1,32866%Property Taxes$1618%Insurance$935%HOA$332%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,440

Downpayment

20%

$52,800

Closing costs

1%

$2,640

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,014

Total Expenses

$2,139

Mortgage P&I

66%

$1,328

Property Taxes

8%

$161

Home Insurance

5%

$93

HOA

2%

$33

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis