Property Details

(Property Sold)

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Investment property: Powder Springs, GA 30127

Home with split foyer, family room, pantry, breakfast area, dining room, fireplace and 2 car garage. Home sold in 2005 for $151,500.

Address 2989 Elberta Terrace
Powder Springs, GA  30127
County Cobb
Year Built 1993
Subdivision
Bedrooms 4
Bathrooms 3
SqFt 1501
Stories 2
Garage

Price $ 104900
Estimated Repairs $ 22000
Estimated Retail Value $ 104900
Estimated Rental Income $ 1095
Estimated Property Taxes $ 1114
HOA Fees $ 364

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Basic Purchase Information
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Purchase Price $
Down Payment (%) $
Equity at Purchase $

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

Mortgage Calculations
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Mortgage Payment $
Mortgage Payment (Yearly) $

Financial Performance Summary
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Total Equity at Year 5 $
Projected Monthly Cash Flow $

Assumptions for Calculations (Annual)
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Insurance $
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Vacancy Allowance (%)
Rental Income Increase (%)
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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
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EQUITY (WEALTH)
 
TAX BENEFIT YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Depreciation
Mortgage Interest

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