REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4113 Summers St SW, Covington, GA 30014

3 beds • 3 baths • 1710 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.41% first-year return on $85,977 initial cash invested.

-4.41%

Cash On Cash

5.37%

Cap Rate

0.89

DSCR

$3,594

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,594 income − $3,910 expenses = $316 out of pocket

Income$3,594Out of Pocket$316Mortgage P&I$1,62045%Property Taxes$3349%Insurance$1494%HOA$822%Management$53915%CapEx$1444%Maintenance$1444%Other$89825%

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,977

Downpayment

20%

$64,740

Closing costs

1%

$3,237

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,594

Total Expenses

$3,910

Mortgage P&I

45%

$1,620

Property Taxes

9%

$334

Home Insurance

4%

$149

HOA

2%

$82

Property Management

15%

$539

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$898

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis