Property Details

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Investment property: Lithonia, GA 30058
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2 Story traditional home with family room, fireplace, full basement with rec room and bonus, dining room and 2 car garage.

Address 846 Stonebrook Drive
Lithonia, GA  30058
County DeKalb
Year Built 1992
Subdivision
Bedrooms 4
Bathrooms 2.5
SqFt 2234
Stories 2
Garage

Price $ 96900
Estimated Repairs $ 31000
Estimated Retail Value $ 96900
Estimated Rental Income $ 1100
Estimated Property Taxes $ 2928
HOA Fees $ 0

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Address 7182 Monterey Ave
Lithonia, GA 30058

5 BR / 3 BA 		2309 Sq. Ft.
Last Sold On: 02/29/2012

Sales Price: $102,500
Address 6972 Breeze Drive
Lithonia, GA 30058

4 BR / 2.5 BA 		2248 Sq. Ft.
Last Sold On: 09/27/2011

Sales Price: $101,000
Address 1045 Crooked Creek Road
Lithonia, GA 30058

4 BR / 3 BA 		2575 Sq. Ft.
Last Sold On: 01/31/2012

Sales Price: $104,900
Address 6989 Brecken Place
Lithonia, GA 30058

4 BR / 3 BA 		2078 Sq. Ft.
Last Sold On: 06/26/2012

Sales Price: $99,800

 

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

Cash at Closing
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Down Payment (%) $
Closing Costs (%) $
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
Cash on Cash Return
(Year 1)
Cap Rate (Year 1)
Total Equity at Year 5 $
Projected Monthly Cash Flow $

Assumptions for Calculations (Annual)
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Mortgage Interest Rate (%)
Mortgage Down Payment (%)
Mortgage Loan Term (Fixed)
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Insurance $
Homeowners Association (Yearly) $
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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

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