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734 Fincher Rd, Covington, GA 30016

3 beds • 5 baths • 5878 sqft

$1,551,700

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This property looks like a bad Airbnb investment with a projected -22.28% first-year return on $344k initial cash invested.

-22.28%

Cash On Cash

1.21%

Cap Rate

0.2

DSCR

$4,501

Rent

-$6,383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,501 income − $10,884 expenses = $6,383 out of pocket

Income$4,501Out of Pocket$6,383Mortgage P&I$7,762172%Property Taxes$51011%Insurance$45210%Management$67515%CapEx$1804%Maintenance$1804%Other$1,12525%

Investment Breakdown

|

Purchase Price

$1552k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$310k

Closing costs

1%

$15,517

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,501

Total Expenses

$10,884

Mortgage P&I

172%

$7,762

Property Taxes

11%

$510

Home Insurance

10%

$452

HOA

0%

$0

Property Management

15%

$675

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,125

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