Property Details

Investment property: Douglasville, GA 30134
(Click on photo for more information)

Two story Douglasville home with 2 car garage. Open floor plan with breakfast area, spacious kitchen and family room with fireplace and a fenced yard.

Address 7285 Hunters Ridge Drive
Douglasville, GA  30134
County Douglas
Year Built 0
Subdivision
Bedrooms 3
Bathrooms 2.5
SqFt 1212
Stories 2
Garage

Price $ 85900
Estimated Repairs $ 23000
Estimated Retail Value $ 99900
Estimated Rental Income $ 995
Estimated Property Taxes $ 1296
HOA Fees $ 0

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Address 770 Prickett Rd
Douglasville, GA 30134

3 BR / 2 BA
1392 Sq. Ft.
Last Sold On: 06/07/2011

Sales Price: $105,000

Address 6345 New Gate Dr
Douglasville, GA 30134

3 BR / 2 BA
1268 Sq. Ft.
Last Sold On: 05/09/2001

Sales Price: $95,000

Address 7238 Brittany Way
Douglasville, GA 30134

3 BR / 2 BA
1397 Sq. Ft.
Last Sold On: 06/30/2011

Sales Price: $91,000

Address 7344 Essex Drive
Douglasville, GA 30134

3 BR / 2 BA
1365 Sq. Ft.
Last Sold On: 01/28/2011

Sales Price: $85,000

 

Basic Purchase Information

Estimated Property Value $
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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Maintenance Reserve (%)
Appreciation Rate (%)
Vacancy Allowance (%)
Rental Income Increase (%)
Property Tax Increase (%)
Closing Costs (Purchase) (%)
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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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