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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 -2.74% first-year return on $78,354 initial cash invested.

-2.74%

Cash On Cash

5.79%

Cap Rate

0.96

DSCR

$3,116

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,116 income − $3,295 expenses = $179 out of pocket

Income$3,116Out of Pocket$179Mortgage P&I$1,44146%Property Taxes$2488%Insurance$1104%Management$46715%CapEx$1254%Maintenance$1254%Other$77925%

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

$3,116

Total Expenses

$3,295

Mortgage P&I

46%

$1,441

Property Taxes

8%

$248

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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