Real Estate

2930 Spindletop Dr, Cumming, GA 30041

Property Details for 2930 Spindletop Dr, Cumming, GA 30041

Property Detail Name Property Detail Value
Address 2930 Spindletop Dr, Cumming, GA 30041
Property Type Single Family
Price $1,650,000
Price Change $0
Tax Assessed Value $1,384,430
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 7.0
Bathrooms 7.0
Living Area 7,185.0
Lot Area 0.6900000000000001
Lot Area Unit ACRES
Year Built 2003

Financial Summary for 2930 Spindletop Dr, Cumming, GA 30041

Financial Metric Name Financial Metric Value
Cash on Cash Return -14.8%
Monthly Rent $5,500
Net Operating Income $5,005
Cap Rate 3.6%
Monthly Cash Flow -$4,073
Gross Rent Multiplier 25.0
Debt Service Coverage Ratio 0.6
Principal and Interest $8,170
Tax $908
HOA Fees $0
Insurance $495
Total Payment $9,573