$1,569,000
Investment Summary
- Monthly Cash Flow
- -$7,379
- Cap Rate
- 0.5%
- Cash-on-Cash Return
- -24.5%
- Debt Coverage Ratio
- 0.08
- Internal Rate of Return (5 years)
- -19.7%
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 your dream retreatCoa distinguished brick masterpiece gracefully positioned on a prominent corner lot in one of the areaCOs most coveted gated communities. From the moment you arrive, the circular driveway and meticulously landscaped grounds set the tone for the timeless sophistication found within. Step inside to discover a harmonious blend of traditional craftsmanship and modern luxury, with refined details at every turn. A fireside gentlemanCOs study showcases vaulted, beamed ceilings and rich judges paneling, evoking a sense of prestige and warmth. The formal dining room, seating 12 comfortably and offers an elegant backdrop for holiday gatherings and dinner parties alike. At the heart of the home lies a chefCOs kitchen tailored for the culinary enthusiastCofeaturing a Viking range and refrigerator, dual islandsCoone for prep, one with a breakfast bar, a thoughtfully designed butlerCOs pantry with a wine cooler, and separate desk space serves as a convenient command center. The breakfast area, crowned with a domed ceiling, flows seamlessly into the inviting fireside keeping room, where custom stonework and tongue-and-groove beamed ceilings create a warm ambiance. The soaring cathedral ceiling in the great room allows natural light to flood the space, enhancing the homeCOs open, airy feel. From the covered back porch, enjoy year-round outdoor living with a cozy fireplace as your centerpieceCoperfect for morning coffee or evening wine. This inviting space overlooks a sparkling saltwater pool and lush, professionally landscaped grounds, offering a serene and private backdrop for relaxation or entertaining. ItCOs the ideal extension of the homeCOs sophisticated living experience. The primary suite on the main level is a luxurious haven with a stunning double-trey ceiling, bayed windows, private porch access, and a fully renovated ensuite featuring an expansive double quartz vanity with porcelain sinks, a steam shower with dual heads, and herringbone wood flooring. The custom walk-in closet is as functional as it is stylish. Upstairs, generously appointed guest suites each offer unique architectural detailsCovaulted ceilings, alcoves, or sitting areasCopaired with ensuite baths featuring stone tile floors and elegant tub surrounds. Function meets form in the laundry room with a drop zone, abundant cabinetry, utility sink, and space for dual washer or dryer units. Downstairs, the terrace level opens up a world of possibilityCooffering vast flex spaces ideal for game nights, entertaining, or relaxing by the bar/kitchenette. With ample room for future expansion, this level could easily accommodate additional bedrooms, a home gym, sauna, or even a private theater. Step outdoors into your private resort, where a luxurious saltwater pool and spa invite relaxation. A spillover hot tub, expansive decking, firepit, and pergola-covered living area offer year-round enjoyment. Lush landscaping surrounds the property, including a charming garden space. Perfectly sited on a large, acre plus lot, the outdoor space is a sanctuary for both serene relaxation and spirited entertainmentCoideal for cornhole tournaments, lawn games, or simply soaking in the tranquility of the manicured setting. Nestled within a coveted gated community, enjoy close proximity to premier shopping, dining, and entertainment, as well as abundant recreational options just minutes away. With easy access to major interstates and thoroughfares, commuting and travel times are lessenedComaking this location as practical as it is desirable.
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Location
Property Details
Parking
- Description: Attached, Garage, Garage Door Opener, Kitchen Level, Level Driveway
- Details: Attached, Garage, Garage Door Opener
- Garage Spaces: 4
- Spaces Total: 4
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 6
- # of Baths (Partial): 1
- # of Baths (Total): 0.0
Interior Features
- # of Rooms: 10
- # of Stories: 3
- Basement: Yes
- Basement Description: Daylight, Exterior Entry, Finished, Full, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Brick
- Roof Type: Gable or Hip
- Roof Material: Composition
HOA
- Has HOA: Yes
- HOA Fee: $2,050/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: R7141206
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Brick 4 Side, Traditional
- Year Built: 2007
Tax Information
- Annual Tax: $19,858
Utilities
- Water & Sewer: Public
- Heating: Forced Air, Natural Gas, Zoned
- Cooling: Central Air, Electric, Zoned
Location
- County: Gwinnett
Listing Details
Investment Summary
- Monthly Cash Flow
- -$7,379
- Cap Rate
- 0.5%
- Cash-on-Cash Return
- -24.5%
- Debt Coverage Ratio
- 0.08
- Internal Rate of Return (5 years)
- -19.7%
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:
| $1,569,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,255,200 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $313,800 |
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:
| $47,070 |
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:
| $360,870 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 7,364 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $213 |
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:
| $0.49 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,255,200 |
|---|---|
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:
| $8,037 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,655 |
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:
| $252 |
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:
| $9,944 |
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:
| $3,600 | $43,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$216 | -$2,592 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,384 | $40,608 |
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. | 46% | -$1,655 | -$19,858 |
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% | -$252 | -$3,024 |
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% | -$288 | -$3,456 |
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% | -$180 | -$2,160 |
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% | -$180 | -$2,160 |
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. | 5% | -$171 | -$2,052 |
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 | 76% | -$2,726 | -$32,710 |
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:
| $658 | $7,896 |
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. | -$8,037 | -$96,444 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $7,379 | $88,548 |