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125 Millcrest Dr, Covington, GA 30016

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Airbnb investment with a projected -18.91% first-year return on $78,354 initial cash invested.

-18.91%

Cash On Cash

1.04%

Cap Rate

0.17

DSCR

$1,082

Rent

-$1,235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,082 income − $2,317 expenses = $1,235 out of pocket

Income$1,082Out of Pocket$1,235Mortgage P&I$1,441133%Property Taxes$24823%Insurance$11010%Management$16215%CapEx$434%Maintenance$434%Other$27025%

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,354

Downpayment

20%

$57,480

Closing costs

1%

$2,874

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,082

Total Expenses

$2,317

Mortgage P&I

133%

$1,441

Property Taxes

23%

$248

Home Insurance

10%

$110

HOA

0%

$0

Property Management

15%

$162

CapEx

4%

$43

Vacancy

0%

$0

Maintenance

4%

$43

Other

25%

$270

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