Property Details

Investment property: Decatur, GA 30034

Split level home built in 2000! Sold in 2000 for $113,700 and foreclosed in 2010 for $119,702! Home has dining room/living room combo, master on main and a breakfast area. Home is traditional style with vinyl siding.

Address 4205 Waldrop Hills Terrace
Decatur, GA  30034
County Dekalb
Year Built 0
Subdivision
Bedrooms 3
Bathrooms 2.5
SqFt 1480
Stories 1
Garage

Price $ 76900
Estimated Repairs $ 20000
Estimated Retail Value $ 97000
Estimated Rental Income $ 895
Estimated Property Taxes $ 1751
HOA Fees $ 0

Get Directions To This Property >

Financial Evaluator For This Property >

Print Property Details >

Property Photos


Before

After

Documents


No documents have been uploaded for this property

Comps


Address 4175 Waldrop Hills Terrace
Decatur, GA 30034

3 BR / 3 BA
1460 Sq. Ft.
Last Sold On: 01/24/2011

Sales Price: $79,900

Address 3777 Cress Way Drive
Decatur, GA 30034

3 BR / 2 BA
1493 Sq. Ft.
Last Sold On: 12/27/2010

Sales Price: $79,100

Address 3958 Cress Way Run
Decatur, GA 30304

3 BR / 3 BA
1664 Sq. Ft.
Last Sold On: 10/21/2010

Sales Price: $114,900

Address 3509 Idlecreek Way Run
Decatur, GA 30034

3 BR / 3 BA
1777 Sq. Ft.
Last Sold On: 09/02/2010

Sales Price: $115,900

 

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