REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,348 (target)

929 W 17th Ave, Covington, LA 70433

3 beds • 3 baths • 2296 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.35% first-year return on $128k initial cash invested.

-3.35%

Cash On Cash

5.77%

Cap Rate

0.93

DSCR

$4,348

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,348 income − $4,706 expenses = $358 out of pocket

Income$4,348Out of Pocket$358Mortgage P&I$2,70862%Property Taxes$3318%Insurance$1894%Management$52212%CapEx$1744%Vacancy$1303%Maintenance$1744%Other$47811%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,247

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,348

Total Expenses

$4,706

Mortgage P&I

62%

$2,708

Property Taxes

8%

$331

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$522

CapEx

4%

$174

Vacancy

3%

$130

Maintenance

4%

$174

Other

11%

$478

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis