Property Details

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Investment property: Stone Mountain, GA 30087
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Spacious home in well established neighborhood! Living room, dining room, breakfast bar, bonus room and garage!

Address 680 Watson Cove
Stone Mountain, GA  30087
County DeKalb
Year Built 1987
Subdivision
Bedrooms 4
Bathrooms 2
SqFt 2666
Stories 2
Garage

Price $ 137900
Estimated Repairs $ 36000
Estimated Retail Value $ 137900
Estimated Rental Income $ 1295
Estimated Property Taxes $ 1900
HOA Fees $ 700

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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

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