$1,535,000
Investment Summary
- Monthly Cash Flow
- -$6,572
- Cap Rate
- 1.0%
- Cash-on-Cash Return
- -22.3%
- Debt Coverage Ratio
- 0.16
- Internal Rate of Return (5 years)
- -17.6%
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
Stunning Ranch Farmhouse on 5 Acres - A True Masterpiece! Welcome to this exceptional 4-bedroom, 3.5-bath ranch farmhouse nestled on 5 expansive acres, blending luxury, comfort, and functionality in every detail. From the moment you pass through the gated entry, the thoughtful design and premium features will captivate you. Exterior Features: * Elegant gated entry with lighting sets the tone for this spectacular estate. * Paved driveway leading to a custom-built brick entry welcomes you home. * Enjoy the ultimate outdoor entertaining experience with a custom BBQ island featuring a pizza oven, BBQ grill, smoker, fridge, water dispenser, cooler, and cigar humidor. * Relax and unwind in the heated 15x30 saltwater pool with a convenient lounge entry. * Flagstone front garden with sprinkler system and pathway lighting creates an inviting ambiance. * Flagstone rear decking and a sun tan deck offer plenty of space to enjoy the outdoors. * Fire pit table with a lounge area is perfect for cozy nights under the stars. * A small pond with a fountain adds serenity and beauty to the landscape. * Aluminum backyard fence with a dog run area keeps pets safe and secure. * Fenced pasture for your animals and large barn for storage. * Three-car garage featuring epoxy flooring, electric heaters, and ceiling space storage. * 250-gallon underground propane tank with gravel road access for easy refueling. * Well-maintained septic tank and well water system with high-end softener and filter tanks. * Back patio with high-end fans, ceiling space heaters, and the convenience of two freezers and an additional fridge. * Ring cameras and a Ring alarm system provide peace of mind with full exterior surveillance. Interior Features: * Spacious and open, this home boasts wood floors throughout common areas, adding warmth and character. * A stunning custom-built gas fireplace surrounded by large bookshelves serves as the heart of the living room. * Energy-efficient custom dual-pane windows flood the home with natural light. * Gorgeous 8-foot custom doors throughout, paired with high ceilings, creating a sense of grandeur. * The master bedroom features a vaulted ceiling and an exquisite ensuite bath with dual vanities, custom dual showers, a free-standing porcelain tub, and dual towel warmers. * Custom-built oak closets provide ample storage, while a medicine closet adds extra convenience. * The spacious laundry room includes a custom dog bath, free-standing utility sink, cabinets with hide-away dog bowl drawers, and additional storage. * The chef's kitchen is a dream, with a 48-inch gas stove featuring six burners, dual ovens, and a griddle. Additional highend stainless steel appliances make cooking and entertaining a breeze. * A 42-inch porcelain kitchen sink and a custom-built pantry add to the kitchen's functionality. * The wine fridge, drink fridge, and coffee station elevate your beverage experience. * A spacious sunroom with direct access to the pool area is ideal for year-round enjoyment. * Accent gallery lighting highlights your favorite artwork, while wainscoting paneling and high-end chandeliers throughout elevate the home's aesthetic. * Cat-5 wiring and a central control station ensure seamless technology integration. * Enjoy a personal office space that is ideal for productivity and focus. * Each bedroom is generously sized, with a second bedroom featuring its own private bathroom, and the third and fourth bedrooms connected by a stylish shared bathroom with floating dual sinks and a walk-in shower. * Custom surround sound wired speakers throughout the rear patio, living room ceiling, and walls provide the perfect sound experience for entertaining. This ranch farmhouse is a rare gem, combining country living with high-end amenities and modern luxury. Whether you're looking to entertain, relax, or enjoy your personal retreat, this home offers it all.
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Location
Property Details
Parking
- Description: Garage
- Details: Attached, Garage, Garage Door Opener, Parking Pad
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Partial): 1
- # of Baths (Total): 3.5
Interior Features
- # of Stories: 1
- Basement Description: None
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Fiber cement siding (Hardi-board/Hardi-plank
- Roof Type: Gable
- Roof Material: Composition
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: C1830020C
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Ranch
- Year Built: 2021
Tax Information
- Annual Tax: $7,693
Utilities
- Water & Sewer: Private, Well
- Heating: Central
- Cooling: Central Air
Location
- County: Walton
Listing Details
Investment Summary
- Monthly Cash Flow
- -$6,572
- Cap Rate
- 1.0%
- Cash-on-Cash Return
- -22.3%
- Debt Coverage Ratio
- 0.16
- Internal Rate of Return (5 years)
- -17.6%
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:
| $1,535,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,228,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $307,000 |
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:
| $46,050 |
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:
| $353,050 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,451 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $445 |
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:
| $0.81 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,228,000 |
|---|---|
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:
| $7,863 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $641 |
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:
| $196 |
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:
| $8,700 |
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:
| $2,800 | $33,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$168 | -$2,016 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,632 | $31,584 |
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. | 23% | -$641 | -$7,693 |
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% | -$196 | -$2,352 |
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% | -$224 | -$2,688 |
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% | -$140 | -$1,680 |
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% | -$140 | -$1,680 |
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 | 48% | -$1,341 | -$16,093 |
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:
| $1,291 | $15,492 |
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. | -$7,863 | -$94,356 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$6,572 | -$78,864 |