Property Details

(Property Sold)

< Previous Property Next Property >

Investment property: Conley, GA 30288
(Click on photo for more information)

Two story brick front house with 2 car garage. Kitchen, living room, dining room and more! Home sold for $158,000 in 2003 and foreclosed in 2008 for $172,508.

Address 4117 Jousting Court
Conley, GA  30288
County Clayton
Year Built 2004
Subdivision
Bedrooms 4
Bathrooms 2
SqFt 2790
Stories 2
Garage

Price $ 105900
Estimated Repairs $ 27500
Estimated Retail Value $ 105900
Estimated Rental Income $ 1050
Estimated Property Taxes $ 1613
HOA Fees $ 0

Get Directions To This Property >

Financial Evaluator For This Property >

Print Property Details >

Print a flyer For This Property >

Property Photos

Before

After
No 'after' photos have been uploaded for this property

Comps

 

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