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80412 Ogden Rd, Covington, LA 70435

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Mid-Term investment with a projected -13.84% first-year return on $175k initial cash invested.

-13.84%

Cash On Cash

2.7%

Cap Rate

0.47

DSCR

$3,093

Rent

-$2,015

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$747k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$149k

Closing costs

1%

$7,465

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,093

Total Expenses

$5,108

Mortgage P&I

115%

$3,572

Property Taxes

7%

$206

Home Insurance

9%

$278

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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