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3355 Springdale Forrest Cir, Gainesville, GA 30506
3 beds • 4 baths • 2690 sqft
$484,600
View on ZillowThis property looks like a bad Long-Term investment with a projected -12.4% first-year return on $102k initial cash invested.
-12.4%
Cash On Cash
3.65%
Cap Rate
0.61
DSCR
$2,420
Rent
-$1,052
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,420 income − $3,472 expenses = $1,052 out of pocket
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$96,920
Closing costs
1%
$4,846
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,420
Total Expenses
$3,472
Mortgage P&I
99%
$2,405
Property Taxes
11%
$267
Home Insurance
7%
$171
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0