Property Details

(Property For Sale)

Investment property: Ellenwood, GA 30294

Nice split level home!

Address 340 Fair Drive
Ellenwood, GA  30294
County Henry
Year Built 1994
Subdivision
Bedrooms 4
Bathrooms 3
SqFt 2641
Stories 2
Garage

Price $ 135000
(Includes renovation costs of $2000)
Estimated Rental Income $ 1300
Estimated Property Taxes $ 2006
HOA Fees $ 0

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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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