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150 Alcovy Crossing Dr, Covington, GA 30014

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Airbnb investment with a projected -5.52% first-year return on $83,478 initial cash invested.

-5.52%

Cash On Cash

5.27%

Cap Rate

0.84

DSCR

$2,995

Rent

-$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,995 income − $3,379 expenses = $384 out of pocket

Income$2,995Out of Pocket$384Mortgage P&I$1,63455%Property Taxes$1957%Insurance$1124%Management$44915%CapEx$1204%Maintenance$1204%Other$74925%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,478

Downpayment

20%

$62,360

Closing costs

1%

$3,118

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,995

Total Expenses

$3,379

Mortgage P&I

55%

$1,634

Property Taxes

7%

$195

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$749

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