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$2,421 (target)

55 Valley Ct, Covington, GA 30016

3 beds • 2 baths • 1386 sqft

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This property might be a fair Mid-Term investment with a projected 2.6% first-year return on $64,704 initial cash invested.

2.6%

Cash On Cash

7.79%

Cap Rate

1.2

DSCR

$2,421

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,421 income − $2,281 expenses = $140 cash flow

Income$2,421Mortgage P&I$1,20650%Property Taxes$1727%Insurance$793%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$140

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,704

Downpayment

20%

$44,480

Closing costs

1%

$2,224

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,421

Total Expenses

$2,281

Mortgage P&I

50%

$1,206

Property Taxes

7%

$172

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

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