REI Lense

REI Lense

Unlock all features! Tap here to upgrade

224 Covey Rd, Milledgeville, GA 31061

3 beds • 3 baths • 1996 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.19% first-year return on $158k initial cash invested.

-13.19%

Cash On Cash

3.16%

Cap Rate

0.53

DSCR

$3,736

Rent

-$1,740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,736 income − $5,476 expenses = $1,740 out of pocket

Income$3,736Out of Pocket$1,740Mortgage P&I$3,35090%Property Taxes$1003%Insurance$2346%Management$56015%CapEx$1494%Maintenance$1494%Other$93425%

Investment Breakdown

|

Purchase Price

$668k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$134k

Closing costs

1%

$6,680

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,736

Total Expenses

$5,476

Mortgage P&I

90%

$3,350

Property Taxes

3%

$100

Home Insurance

6%

$234

HOA

0%

$0

Property Management

15%

$560

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$934

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis