500 Cochran Rd,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at 500 Cochran Rd, Covington, GA, 30014 priced at $380,200 converts $3,046/mo rent into $732/mo cash flow after a $1,861/mo obligation. Total monthly income equals $3,046/mo, and annual cash flow totals $8,783/yr on $126,036 invested. Return on cash invested prints 26.88% in year one, and rental yield reads 9.61% against a $380,200 entry. Equity gained on principal adds $2,453/yr, while 5% annual appreciation compiles into $105,042 by year five. Five-year ROI reaches 140.07% and total cumulative return in cash sums $176,535. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,046/mo property income covering a $1,861/mo payment, not borrower’s personal income.