30 Craines Vw,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 30 Craines Vw, Covington, GA, 30014 priced at $422,000 converts $2,958/mo rent into $390/mo cash flow after a $2,065/mo obligation. Total monthly income equals $2,958/mo, and annual cash flow totals $4,681/yr on $139,893 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 8.41% against a $422,000 entry. Equity gained on principal adds $2,723/yr, while 5% annual appreciation compiles into $116,591 by year five. Five-year ROI reaches 120.68% and total cumulative return in cash sums $168,827. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,958/mo property income covering a $2,065/mo payment, not borrower’s personal income.