Property Details

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Investment property: Lithonia, GA 30058
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Two story home on 2.66 acre lot! Home located on quite private street and close to I-20. Features kitchen, family room, dining room, 2 car garage, fireplace and hardwood floors. Home foreclosured in 2008 $200,224.

Address 7511 Kimberly Lynn Court
Lithonia, GA  30058
County DeKalb
Year Built 1985
Subdivision
Bedrooms 4
Bathrooms 2.5
SqFt 2229
Stories 2
Garage

Price $ 116900
Estimated Repairs $ 31000
Estimated Retail Value $ 116900
Estimated Rental Income $ 1200
Estimated Property Taxes $ 1888
HOA Fees $ 0

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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 (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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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
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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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(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

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