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Investment property: Lithonia, GA 30038
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Lithonia home with vaulted ceilings, breakfast area, 2 car garage, family room, separate living room, and sitting area in the master.

Address 6074 Idlewood Trace
Lithonia, GA  30038
County DeKalb
Year Built 0
Subdivision
Bedrooms 3
Bathrooms 2.5
SqFt 2036
Stories 2
Garage

Price $ 87900
Estimated Repairs $ 20000
Estimated Retail Value $ 87900
Estimated Rental Income $ 995
Estimated Property Taxes $ 2556
HOA Fees $ 0

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Comps

Address 4012 Brooks Mills Dr.
Lithonia, GA 30038

5 BR / 4 BA 		3229 Sq. Ft.
Last Sold On: 05/04/2011

Sales Price: $220,000
Address 5918 Idlewood Place
Lithonia, GA 30038

4 BR / 2.5 BA 		2596 Sq. Ft.
Last Sold On: 09/23/2011

Sales Price: $109,900
Address 4933 Klondike Rd
Lithonia, GA 30038

3 BR / 2 BA 		2079 Sq. Ft.
Last Sold On: 06/17/2011

Sales Price: $120,000

 

Basic Purchase Information
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Down Payment (%) $
Equity at Purchase $

Cash at Closing
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at Closing *		 $
* This total does not include potential
escrow reserves for taxes & insurance

Mortgage Calculations
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Mortgage Payment (Yearly) $

Financial Performance Summary
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Assumptions for Calculations (Annual)
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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
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minus Total Operating Expenses
Net Operating Income
minus Mortgage Expense
GROSS CASH FLOW
Plus Principle Paydown
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EQUITY ACCUMULATION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
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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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