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$2,566 (target)

150 Alcovy Crossing Dr, Covington, GA 30014

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Mid-Term investment with a projected -3.57% first-year return on $83,478 initial cash invested.

-3.57%

Cash On Cash

5.73%

Cap Rate

0.91

DSCR

$2,566

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,566 income − $2,814 expenses = $248 out of pocket

Income$2,566Out of Pocket$248Mortgage P&I$1,63464%Property Taxes$1958%Insurance$1124%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%

Investment Breakdown

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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

$2,566

Total Expenses

$2,814

Mortgage P&I

64%

$1,634

Property Taxes

8%

$195

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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