REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,761 (target)

275 Long Creek Dr, Covington, GA 30016

3 beds • 2 baths • 1414 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.47% first-year return on $45,717 initial cash invested.

-2.47%

Cash On Cash

6.36%

Cap Rate

0.99

DSCR

$1,761

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,761 income − $1,855 expenses = $94 out of pocket

Income$1,761Out of Pocket$94Mortgage P&I$1,16066%Property Taxes$1609%Insurance$774%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,717

Downpayment

20%

$43,540

Closing costs

1%

$2,177

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,761

Total Expenses

$1,855

Mortgage P&I

66%

$1,160

Property Taxes

9%

$160

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis