Property Details

Investment property: Lithonia, GA 30058
(Click on photo for more information)

Lithonia home with living room, dining room, kitchen and 3 bedrooms. Home also has a fireplace and 2 car garage. Home foreclosed in 2010 for $171,471 and sold in 2006 for $159,000.

Address 5587 Wellborn Creek Drive
Lithonia, GA  30058
County DeKalb
Year Built 1998
Subdivision
Bedrooms 3
Bathrooms 2.5
SqFt 2140
Stories 2
Garage

Price $ 79900
Estimated Repairs $ 20000
Estimated Retail Value $ 79900
Estimated Rental Income $ 950
Estimated Property Taxes $ 1234
HOA Fees $ 0

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Address 1705 Wellborn Creek Road
Lithonia, GA 30058

5 BR / 3 BA
3064 Sq. Ft.
Last Sold On: 10/31/2011

Sales Price: $116,000

Address 2447 Wellborn Creek Court
LIthonia, GA 30058

4 BR / 3.5 BA
2036 Sq. Ft.
Last Sold On: 05/23/2011

Sales Price: $85,000

Address 2369 Wellborn Hills Place
Lithonia, GA 30058

3 BR / 2.5 BA
2036 Sq. Ft.
Last Sold On: 06/15/2011

Sales Price: $83,500

Address 2516 Meadow Springs Drive
Lithonia, GA 30058

3 BR / 3 BA
1637 Sq. Ft.
Last Sold On: 11/01/2011

Sales Price: $101,000

Address 1493 Stoneleigh Hill Road
Lithonia, GA 30058

4 BR / 3 BA
2218 Sq. Ft.
Last Sold On: 11/01/2011

Sales Price: $93,900

 

Basic Purchase Information

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Cash 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
Gross Scheduled Income
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Total Operating Income
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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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EFFECTIVE NET CASH FLOW
 
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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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