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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 -5.39% first-year return on $83,478 initial cash invested.

-5.39%

Cash On Cash

5.31%

Cap Rate

0.84

DSCR

$3,014

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,014 income − $3,389 expenses = $375 out of pocket

Income$3,014Out of Pocket$375Mortgage P&I$1,63454%Property Taxes$1956%Insurance$1124%Management$45215%CapEx$1214%Maintenance$1214%Other$75425%

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

$3,014

Total Expenses

$3,389

Mortgage P&I

54%

$1,634

Property Taxes

6%

$195

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$452

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$754

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