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$2,944 (target)

75 Bermuda Way, Covington, GA 30016

3 beds • 2 baths • 2394 sqft

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This property looks like a bad Mid-Term investment with a projected -0.79% first-year return on $86,376 initial cash invested.

-0.79%

Cash On Cash

6.23%

Cap Rate

1.04

DSCR

$2,944

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $3,001 expenses = $57 out of pocket

Income$2,944Out of Pocket$57Mortgage P&I$1,62955%Property Taxes$2639%Insurance$1084%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,376

Downpayment

20%

$65,120

Closing costs

1%

$3,256

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$3,001

Mortgage P&I

55%

$1,629

Property Taxes

9%

$263

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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