REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3875 Spring Ridge Dr, Cumming, GA 30028

3 beds • 2 baths • 1765 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.95% first-year return on $109k initial cash invested.

-14.95%

Cash On Cash

2.59%

Cap Rate

0.42

DSCR

$2,179

Rent

-$1,355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,179 income − $3,534 expenses = $1,355 out of pocket

Income$2,179Out of Pocket$1,355Mortgage P&I$2,200101%Property Taxes$432%Insurance$1547%HOA$914%Management$32715%CapEx$874%Maintenance$874%Other$54525%

Investment Breakdown

|

Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,440

Closing costs

1%

$4,322

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,179

Total Expenses

$3,534

Mortgage P&I

101%

$2,200

Property Taxes

2%

$43

Home Insurance

7%

$154

HOA

4%

$91

Property Management

15%

$327

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$545

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis