Property Details

Investment property: Canton, GA 30114
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Cherokee County, GA home with 2 car garage! Home was built in 1996 and features a living room, dining room, and spacious back deck. Home sold in 2006 for $157,000.

Address 1000 Whispering Woods
Canton, GA  30114
County Cherokee
Year Built 0
Subdivision
Bedrooms 3
Bathrooms 2
SqFt 1864
Stories 2
Garage

Price $ 98900
Estimated Repairs $ 16000
Estimated Retail Value $ 115000
Estimated Rental Income $ 995
Estimated Property Taxes $ 1014
HOA Fees $ 0

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After

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Address 803 Deer Chase
Canton, GA 30114

3 BR / 2 BA
1710 Sq. Ft.
Last Sold On: 10/04/2011

Sales Price: $99,000

Address 1028 Whispering Woods Dr.
Canton, GA 30114

3 BR / 2 BA
1680 Sq. Ft.
Last Sold On: 07/20/2011

Sales Price: $86,270

Address 400 Puckett Creek Circle
Canton, GA 30114

3 BR / 3 BA
2090 Sq. Ft.
Last Sold On: 02/07/2011

Sales Price: $240,000

Address 512 Bonneset Court
Canton, GA 30114

3 BR / 2 BA
1926 Sq. Ft.
Last Sold On: 07/19/2011

Sales Price: $220,000

Address 111 Golf Course Rd.
Canton, GA 30114

2 BR / 1 BA
2040 Sq. Ft.
Last Sold On: 10/14/2011

Sales Price: $115,000

Address 105 White Street
Canton, GA 30114

4 BR / 2 BA
1985 Sq. Ft.
Last Sold On: 02/17/2011

Sales Price: $110,000

 

Basic Purchase Information

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

Cash at Closing

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Down Payment (%) $
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Total Cash Required
at Closing *
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* 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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Projected Monthly Cash Flow $

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
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
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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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