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$2,967 (target)

12276 Flat Shoals Rd, Covington, GA 30016

3 beds • 3 baths • 1942 sqft

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This property looks like a bad Mid-Term investment with a projected -8.45% first-year return on $117k initial cash invested.

-8.45%

Cash On Cash

4.22%

Cap Rate

0.7

DSCR

$2,967

Rent

-$822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,967 income − $3,789 expenses = $822 out of pocket

Income$2,967Out of Pocket$822Mortgage P&I$2,35579%Property Taxes$2619%Insurance$1646%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%

Investment Breakdown

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Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,980

Closing costs

1%

$4,699

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,967

Total Expenses

$3,789

Mortgage P&I

79%

$2,355

Property Taxes

9%

$261

Home Insurance

6%

$164

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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