Property Details

Investment property: Lithonia, GA 30038
(Click on photo for more information)

Traditional 2 story home with 2 car garage. Home also has a family room with fireplace, open kitchen, breakfast nook, separate dining room, and a level yard.

Address 5284 Salem Springs Place
Lithonia, GA  30038
County DeKalb
Year Built 0
Subdivision
Bedrooms 3
Bathrooms 2.5
SqFt 2062
Stories 2
Garage

Price $ 86900
Estimated Repairs $ 25000
Estimated Retail Value $ 103000
Estimated Rental Income $ 995
Estimated Property Taxes $ 2087
HOA Fees $ 0

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Address 3576 Salem Hills Drive
Lithonia, GA 30038

4 BR / 2.5 BA
2309 Sq. Ft.
Last Sold On: 08/15/2011

Sales Price: $95,000

Address 3745 Salem Springs Court
Lithonia, GA 30038

4 BR / 2.5 BA
2210 Sq. Ft.
Last Sold On: 02/14/2011

Sales Price: $94,900

Address 3519 Hunters Hills Drive
Lithonia, GA 30038

3 BR / 3 BA
2369 Sq. Ft.
Last Sold On: 01/28/2011

Sales Price: $165,000

Address 3897 Vine Stone Drive
Lithonia, GA 30038

4 BR / 3 BA
2174 Sq. Ft.
Last Sold On: 04/29/2011

Sales Price: $100,000

Address 5424 Mayfair Crossing Drive
Lithonia, GA 30038

4 BR / 3 BA
2244 Sq. Ft.
Last Sold On: 02/17/2011

Sales Price: $105,000

Address 3241 Corktree Trail
Lithonia, GA 30038

4 BR / 3 BA
1926 Sq. Ft.
Last Sold On: 04/15/2011

Sales Price: $95,700

 

Basic Purchase Information

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Purchase Price $
Down Payment (%) $
Equity at Purchase $

Cash at Closing

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

Mortgage Calculations

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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
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Total Operating Income
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Homeowners Association
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minus Total Operating Expenses
Net Operating Income
minus Mortgage Expense
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Depreciation
Mortgage Interest

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