Property Details

(Property Sold)

Investment property: East Point, GA 30344

Newly renovated 4 bedroom, 2 bath ranch with new hardwood floors, new paint though out, granite counters, new appliances, new tile in kitchen, fireplace in living room, master suite, new fixtures in bathrooms, and a picket fence! TENANT IN PLACE!

Address 2888 Pearl St.
East Point, GA  30344
County Fulton
Year Built 0
Subdivision
Bedrooms 4
Bathrooms 2
SqFt 1431
Stories 1
Garage

Price $ 100000
Estimated Repairs $ 35000
Estimated Retail Value $ 100000
Estimated Rental Income $ 995
Estimated Property Taxes $ 292
HOA Fees $ 0

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Basic Purchase Information

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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 (Yearly) $

Financial Performance Summary

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Total Equity at Year 5 $
Projected Monthly Cash Flow $

Assumptions for Calculations (Annual)

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Insurance $
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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
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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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