$2,200,000
Investment Summary
- Monthly Cash Flow
- -$11,112
- Cap Rate
- 0.1%
- Cash-on-Cash Return
- -26.4%
- Debt Coverage Ratio
- 0.01
- Internal Rate of Return (5 years)
- -21.4%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Welcome to 125 Woodland Way, a beautifully renovated home nestled on a quiet street in the heart of Fivepoints, one of Athens' most desirable in-town neighborhoods. This home was thoughtfully preserved during its renovation in 2019, offering the perfect blend of its original classic charm and elevated modern living. The grass paver driveway invites you in and leads you to the lush lawn, front entry and a covered side porch which is a great spot to relax and take in the neighborhood. Once inside you'll find a lovely sitting area with great natural light, built in window seating and bookshelves along with a vaulted wood ceiling. There are stunning hardwood floors throughout this flowing floor plan that leads you through a family room with a cozy brick fireplace and arched opening to the formal dining area also with custom built in cabinetry. Just off the family room is a guest room and classic original tiled full bath. All throughout the living areas you'll notice the cool touch of operable transom windows allowing light to fill the spaces. Passing through the hallway you'll find the gorgeous chef's kitchen, featuring premium appliances, lighting fixtures , a cooktop with stainless pot filler, large center island with bar seating, marble counters and custom cabinetry throughout. A full shelved pantry is tucked behind a frost paned original door. This well appointed and beautiful kitchen opens to a cozy living room with a vaulted stained wood ceiling which leads to one of the best spots in the house, the fully screened- in back porch with plenty of room for entertaining family and friends. Just off the family and kitchen areas is the laundry room and the primary suite with a custom closet like no other and a beautiful primary bathroom with a large tiled shower and antique clawfoot tub. Upstairs you'll find a great loft area, bonus room for home workspace, gym or craft room and additional laundry. Two guest rooms with sliding wood doors to the closets and a full tile bath for the upper level. At the front of this level there is an additional spacious suite with custom closet and full bath. With room for a sitting area and nook overlooking the front lawn this could also serve as the primary suite if preferred. Throughout the entire home there are custom linen window treatments from Restoration Hardware. Now down to the full basement that has plenty of storage options, a den-like area for watching movies or Saturday game day and also has a full tiled bathroom. Outside you'll find a covered parking space or covered storage that leads to the large private lot that is prime for an amazing garden, a pool with pool house or guest cottage. The side yard is currently used as a play area while also offering additional space for gardening. Opportunities to live this close to the heart of Five Points, local dining and shopping, Earth Fare grocery, downtown Athens and UGA are quite unique. With its prime location and charm 125 Woodland Way is the perfect place to call home!
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Location
Property Details
Parking
- Description: Off Street
- Details: Attached, Off Street, Parking Pad
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 5
- # of Baths (Total): 0.0
Interior Features
- # of Rooms: 7
- # of Stories: 2
- Basement: Yes
- Basement Description: Bath/Stubbed, Exterior Entry, Interior Entry, Partial
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Brick
- Roof Type: Gable
- Roof Material: Composition
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 124D2A024
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Bungalow/Cottage, Other, Traditional
- Year Built: 1930
Tax Information
- Annual Tax: $24,616
Utilities
- Water & Sewer: Public
- Heating: Central
- Cooling: Central Air
Location
- County: Clarke
Listing Details
Investment Summary
- Monthly Cash Flow
- -$11,112
- Cap Rate
- 0.1%
- Cash-on-Cash Return
- -26.4%
- Debt Coverage Ratio
- 0.01
- Internal Rate of Return (5 years)
- -21.4%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $2,200,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,760,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $440,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $66,000 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $506,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,657 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $472 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $0.69 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,760,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.625% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $11,269 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,051 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $224 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $13,544 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $3,200 | $38,400 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$192 | -$2,304 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,008 | $36,096 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 64% | -$2,051 | -$24,617 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$224 | -$2,688 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$256 | -$3,072 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$160 | -$1,920 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$160 | -$1,920 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | n/a | n/a | n/a |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 89% | -$2,851 | -$34,217 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $157 | $1,884 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$11,269 | -$135,228 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $11,112 | $133,344 |