REI Lense

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$1,745 (target)

115 Stoneview Cir, Covington, GA 30016

3 beds • 2 baths • 1553 sqft

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This property looks like a bad Long-Term investment with a projected -5.85% first-year return on $54,579 initial cash invested.

-5.85%

Cash On Cash

5.34%

Cap Rate

0.87

DSCR

$1,745

Rent

-$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $2,011 expenses = $266 out of pocket

Income$1,745Out of Pocket$266Mortgage P&I$1,33577%Property Taxes$1328%Insurance$915%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$2,011

Mortgage P&I

77%

$1,335

Property Taxes

8%

$132

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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