REI Lense

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$2,958 (target)

4305 Summerwood Dr, Cumming, GA 30041

3 beds • 4 baths • 3176 sqft

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This property looks like a bad Long-Term investment with a projected -13.31% first-year return on $141k initial cash invested.

-13.31%

Cash On Cash

3.36%

Cap Rate

0.57

DSCR

$2,958

Rent

-$1,567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $4,525 expenses = $1,567 out of pocket

Income$2,958Out of Pocket$1,567Mortgage P&I$3,300112%Property Taxes$773%Insurance$2629%HOA$1174%Management$29610%CapEx$1485%Vacancy$1776%Maintenance$1485%

Investment Breakdown

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Purchase Price

$673k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$135k

Closing costs

1%

$6,726

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,958

Total Expenses

$4,525

Mortgage P&I

112%

$3,300

Property Taxes

3%

$77

Home Insurance

9%

$262

HOA

4%

$117

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$177

Maintenance

5%

$148

Other

0%

$0

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