REI Lense

REI Lense

Unlock all features! Tap here to upgrade

68 Cove Dr, Newnan, GA 30263

3 beds • 3 baths • 3304 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.75% first-year return on $136k initial cash invested.

-19.75%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$2,304

Rent

-$2,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $4,547 expenses = $2,243 out of pocket

Income$2,304Out of Pocket$2,243Mortgage P&I$2,732119%Property Taxes$40418%Insurance$2019%HOA$1045%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,634

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,304

Total Expenses

$4,547

Mortgage P&I

119%

$2,732

Property Taxes

18%

$404

Home Insurance

9%

$201

HOA

5%

$104

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis