Property Details

(Property Sold)

Investment property: Canton, GA 30115

Split level home close to interstate system. Home features dining room, kitchen, family room, 2 car garage and fenced yard. Home sold in 2003 for $146,100.

Address 508 Hillcrest Cross Road
Canton, GA  30115
County Cherokee
Year Built 2000
Subdivision
Bedrooms 4
Bathrooms 3
SqFt 1708
Stories 2
Garage

Price $ 104900
Estimated Repairs $ 22000
Estimated Retail Value $ 104900
Estimated Rental Income $ 1100
Estimated Property Taxes $ 1285
HOA Fees $ 0

Get Directions To This Property >

Financial Evaluator For This Property >

Print Property Details >

Property Photos


Before

After

Documents


No documents have been uploaded for this property

Comps


Address 405 Hillcrest Commons
Canton, GA 30115

3 BR / 3 BA
1749 Sq. Ft.
Last Sold On: 02/15/2012

Sales Price: $144,200

Address 234 Hillcrest Ridge
Canton, GA 30115

3 BR / 2 BA
1684 Sq. Ft.
Last Sold On: 02/10/2012

Sales Price: $151,500

 

Basic Purchase Information

Estimated Property Value $
Purchase Price $
Down Payment (%) $
Equity at Purchase $

Cash at Closing

Loan Amount $
Down Payment (%) $
Closing Costs (%) $
Total Cash Required
at Closing *
$
* This total does not include potential
escrow reserves for taxes & insurance

Mortgage Calculations

Loan Amount: $, Loan Term: yrs, Interest Rate: %
Mortgage Payment $
Mortgage Payment (Yearly) $

Financial Performance Summary

Cash on Cash Return
(Year 1)
Cap Rate (Year 1)
Total Equity at Year 5 $
Projected Monthly Cash Flow $

Assumptions for Calculations (Annual)

Gross Scheduled Income (Monthly) $
Mortgage Interest Rate (%)
Mortgage Down Payment (%)
Mortgage Loan Term (Fixed)
Property Taxes $
Insurance $
Homeowners Association (Yearly) $
Property Management Fee (%)
Maintenance Reserve (%)
Appreciation Rate (%)
Vacancy Allowance (%)
Rental Income Increase (%)
Property Tax Increase (%)
Closing Costs (Purchase) (%)
Closing Costs (Sale) (%)

Cash Flow and Equity Accumulation

CASH-FLOW MONTHLY YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Gross Scheduled Income
Vacancy Allowance
Total Operating Income
Property Taxes
Insurance
Homeowners Association
Maintenance Reserve
Property Management
minus Total Operating Expenses
Net Operating Income
minus Mortgage Expense
GROSS CASH FLOW
Plus Principle Paydown
Plus Yearly Appreciation
EFFECTIVE NET CASH FLOW
 
EQUITY ACCUMULATION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Property Value
(Mortgage Balance)
EQUITY (WEALTH)
 
TAX BENEFIT YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Depreciation
Mortgage Interest

Want to learn how we’ve flipped over 700 properties in Metro Atlanta?!


Register here for our upcoming free real estate investing workshop

Register

Enter your Email here to be added to our preferred buyers list


Add Me
View Our Properties Online