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$1,812 (target)

35 Madison Ct, Covington, GA 30016

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -14.42% first-year return on $65,583 initial cash invested.

-14.42%

Cash On Cash

3.46%

Cap Rate

0.56

DSCR

$1,812

Rent

-$788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,812 income − $2,600 expenses = $788 out of pocket

Income$1,812Out of Pocket$788Mortgage P&I$1,59888%Property Taxes$42023%Insurance$1106%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,583

Downpayment

20%

$62,460

Closing costs

1%

$3,123

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,812

Total Expenses

$2,600

Mortgage P&I

88%

$1,598

Property Taxes

23%

$420

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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