REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1903 Old Concord Dr SE, Covington, GA 30016

3 beds • 2 baths • 1389 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.77% first-year return on $84,150 initial cash invested.

-16.77%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$1,262

Rent

-$1,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,262 income − $2,438 expenses = $1,176 out of pocket

Income$1,262Out of Pocket$1,176Mortgage P&I$1,558123%Property Taxes$16513%Insurance$1109%Management$18915%CapEx$504%Maintenance$504%Other$31625%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,262

Total Expenses

$2,438

Mortgage P&I

123%

$1,558

Property Taxes

13%

$165

Home Insurance

9%

$110

HOA

0%

$0

Property Management

15%

$189

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$316

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis