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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 Mid-Term investment with a projected -4.48% first-year return on $120k initial cash invested.
-4.48%
Cash On Cash
5.21%
Cap Rate
0.87
DSCR
$3,630
Rent
-$447
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,630 income − $4,077 expenses = $447 out of pocket
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$96,920
Closing costs
1%
$4,846
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,630
Total Expenses
$4,077
Mortgage P&I
66%
$2,405
Property Taxes
7%
$267
Home Insurance
5%
$171
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399