Jodeco 2 Story Bay Plan, River Walk Farm,Covington,GA,30014

Investment Highlights

Rental property for sale in Covington at Jodeco 2 Story Bay Plan, River Walk Farm, Covington, GA, 30014 priced at $371,990 pairs $2,864/mo rent with $600/mo cash flow after a $1,821/mo payment. Total monthly income equals $2,864/mo, and annual cash flow comes to $7,197/yr on $123,315 invested. Return on cash invested is 25.74% in year one, and rental yield stands at 9.24% on a $371,990 basis. Equity gained on principal adds $2,400/yr, and 5% annual appreciation accumulates to $102,774 by year five. Five-year ROI measures 134% and total cumulative return in cash reaches $165,246. For financing, Ziffy Mortgage’s DSCR program evaluates $2,864/mo property income against a $1,821/mo payment instead of your W2s, 1099s, or Tax returns.