Property Details

(Property Sold)

< Previous Property Next Property >

Investment property: Lithonia, GA 30058

Nice 3/2 home with 2 car garage in Dekalb Co!

Address 2281 Rambling Way
Lithonia, GA  30058
County Dekalb
Year Built 2000
Subdivision
Bedrooms 3
Bathrooms 2
SqFt 1218
Stories 2
Garage

Price $ 105000
Estimated Repairs $ 20000
Estimated Retail Value $ 105000
Estimated Rental Income $ 1000
Estimated Property Taxes $ 1128
HOA Fees $ 150

Get Directions To This Property >

Financial Evaluator For This Property >

Print Property Details >

Property Photos

Before

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

Documents

No documents 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