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$2,712 (target)

225 Hardwood Dr, Covington, GA 30016

3 beds • 2 baths • 1556 sqft

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This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $78,711 initial cash invested.

1.65%

Cash On Cash

6.9%

Cap Rate

1.15

DSCR

$2,712

Rent

$108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,712 income − $2,604 expenses = $108 cash flow

Income$2,712Mortgage P&I$1,44753%Property Taxes$1365%Insurance$1014%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$108

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,711

Downpayment

20%

$57,820

Closing costs

1%

$2,891

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,712

Total Expenses

$2,604

Mortgage P&I

53%

$1,447

Property Taxes

5%

$136

Home Insurance

4%

$101

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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