$4,000,000
Investment Summary
- Monthly Cash Flow
- -$18,356
- Cap Rate
- 0.6%
- Cash-on-Cash Return
- -23.9%
- Debt Coverage Ratio
- 0.10
- Internal Rate of Return (5 years)
- -19.1%
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
An extraordinary renovation in Johns Creek. Tucked away on a beautifully landscaped, 2.75-acre private lot, this spectacular estate has been completely reimagined by Barbara Dawes Designs, blending timeless architecture with bold, bespoke finishes and curated luxury at every turn. A grand two-story foyer welcomes you with a sweeping curved staircase adorned with iron railing, setting the tone for the artistry within. The formal dining room is anchored by a one-of-a-kind Alex Turco art installation titled "The World is Yours," creating a conversation-starting centerpiece. The fireside family room offers architectural elegance with a coffered ceiling and a striking custom black leather marble mantel. A floating staircase adds to the home's contemporary sophistication. Designed for chefs and entertainers alike, the kitchen is exceptional-featuring a custom pizza oven with artisan tile surround, a large island with quartzite countertops and farmhouse sink, and illuminated glass-front cabinetry showcasing your finest glassware. The culinary experience is elevated by top-tier appliances: a Wolf six-eye range with griddle and retractable Alex Turco backsplash, built-in SubZero refrigerator with dual freezer drawers, SubZero wine refrigerator, and Cove dishwasher. The adjacent scullery kitchen is equally outfitted with a True full-size refrigerator and freezer, Wolf cooktop with wok accessory, Wolf steam oven and warming drawer, Miele coffee system, Sharp microwave, second Cove dishwasher, craft paper dispenser, and custom walk-in pantry. Casual dining flows into a fireside breakfast area and into the keeping room, where NanaWall aluminum folding doors open to an exquisite three-season porch. This seamless indoor-outdoor connection features Bluestone flooring, fireplace, two Bromic outdoor heaters, and fully motorized vinyl shades and screens-creating the perfect year-round gathering space. Thoughtfully designed for everyday living, the main floor also includes a richly appointed library with built-in cabinetry and coffered ceiling, a fully custom mudroom with lockers, bench storage, and built-in planning desk. A dedicated dog room includes raised bathing area, pot filler, and built-in bowls. A spacious laundry room offers two sets of washers and dryers, floating shelves, custom cabinetry, and a farmhouse sink. A serene guest suite on the main level offers a luxurious retreat with Venetian plaster walls, a morning bar with beverage refrigerator, gas fireplace, and a spa-like bath clad in imported Carrara marble. The oversized open shower features dual rain heads and a soaking tub, complemented by a floating double vanity. Upstairs, the fireside primary suite is a true sanctuary with a private sitting area, morning bar, and lavish bath including heated floors, steam shower, soaking tub, dual vanities, two private water closets, and a vast custom closet. A flexible bonus room makes an ideal nursery, studio, or dressing space. Four additional en suite bedrooms are generously sized, each with custom finishes and elegant bathrooms. The finished terrace level extends the home's luxury with a fireside media and lounge area, full bar, game room, exercise room, guest powder room, and spa bath with sauna, steam shower, and pool access. A secondary laundry room makes entertaining poolside effortless. Outdoors, enjoy resort-style living with a custom pool and spa, surrounded by a fully equipped outdoor kitchen including a built-in Evo gas grill, Eco flat-top griddle, Green Egg, and beverage cooler. A large, level grassy yard offers ample space for play, gardening, or entertaining. Every detail has been carefully considered-from brand-new 5/8" wire-brushed engineered hardwood flooring and wood beams to seven fireplaces and unparalleled finishes throughout. A rare offering blending craftsmanship, comfort, and designer flair in one of the most desirable and private settings.
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Location
Property Details
Parking
- Description: Attached, Garage, Garage Door Opener, Garage Faces Side
- Details: Attached, Garage, Garage Door Opener, Kitchen Level
- Garage Spaces: 4
- Spaces Total: 4
Bedroom Information
- # of Bedrooms: 6
Bathroom Information
- # of Baths (Full): 7
- # of Baths (Partial): 5
- # of Baths (Total): 9.5
Interior Features
- # of Rooms: 10
- # of Stories: 2
- Basement: Yes
- Basement Description: Daylight, Exterior Entry, Finished, Full
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Rock, Stone
- Roof Material: Composition, Metal
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 11030001122005
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Brick 4 Side, Traditional
- Year Built: 2005
Tax Information
- Annual Tax: $20,761
Utilities
- Water & Sewer: Public
- Heating: Forced Air, Natural Gas, Zoned
- Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
Location
- County: Fulton
Listing Details
Investment Summary
- Monthly Cash Flow
- -$18,356
- Cap Rate
- 0.6%
- Cash-on-Cash Return
- -23.9%
- Debt Coverage Ratio
- 0.10
- Internal Rate of Return (5 years)
- -19.1%
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:
| $4,000,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$3,200,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $800,000 |
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:
| $120,000 |
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:
| $920,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 10,977 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $364 |
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:
| $0.51 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $3,200,000 |
|---|---|
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:
| $20,490 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,730 |
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:
| $392 |
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:
| $22,612 |
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:
| $5,600 | $67,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$336 | -$4,032 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $5,264 | $63,168 |
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. | 31% | -$1,730 | -$20,761 |
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% | -$392 | -$4,704 |
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% | -$448 | -$5,376 |
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% | -$280 | -$3,360 |
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% | -$280 | -$3,360 |
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 | 56% | -$3,130 | -$37,561 |
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:
| $2,134 | $25,608 |
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. | -$20,490 | -$245,880 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$18,356 | -$220,272 |