Real Estate

2765 Laurel Gate Ln, Cumming, GA 30040

Property Details for 2765 Laurel Gate Ln, Cumming, GA 30040

Property Detail Name Property Detail Value
Address 2765 Laurel Gate Ln, Cumming, GA 30040
Property Type Townhouse
Price $511,000
Price Change -$4,000
Tax Assessed Value $447,040
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 2,348.0
Lot Area 3049.2
Lot Area Unit SQFT
Year Built 2019

Financial Summary for 2765 Laurel Gate Ln, Cumming, GA 30040

Financial Metric Name Financial Metric Value
Cash on Cash Return -6.4%
Monthly Rent $2,485
Net Operating Income $2,332
Cap Rate 5.5%
Monthly Cash Flow -$541
Gross Rent Multiplier 17.1
Debt Service Coverage Ratio 0.9
Principal and Interest $2,592
Tax $281
HOA Fees $0
Insurance $153
Total Payment $3,026