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$3,117 (target)

4575 Summerset Dr, Gainesville, GA 30507

3 beds • 2 baths • 2239 sqft

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This property looks like a bad Mid-Term investment with a projected -3.45% first-year return on $96,435 initial cash invested.

-3.45%

Cash On Cash

5.55%

Cap Rate

0.92

DSCR

$3,117

Rent

-$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,117 income − $3,394 expenses = $277 out of pocket

Income$3,117Out of Pocket$277Mortgage P&I$1,87960%Property Taxes$2889%Insurance$1334%HOA$331%Management$37412%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,435

Downpayment

20%

$74,700

Closing costs

1%

$3,735

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,117

Total Expenses

$3,394

Mortgage P&I

60%

$1,879

Property Taxes

9%

$288

Home Insurance

4%

$133

HOA

1%

$33

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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