REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,964 (target)

5506 Highway 81 S, Covington, GA 30016

3 beds • 2 baths • 1472 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.62% first-year return on $65,058 initial cash invested.

-3.62%

Cash On Cash

5.57%

Cap Rate

0.94

DSCR

$1,964

Rent

-$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,964 income − $2,160 expenses = $196 out of pocket

Income$1,964Out of Pocket$196Mortgage P&I$1,53778%Property Taxes$4Insurance$1096%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,058

Downpayment

20%

$61,960

Closing costs

1%

$3,098

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,964

Total Expenses

$2,160

Mortgage P&I

78%

$1,537

Property Taxes

0%

$4

Home Insurance

6%

$109

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis