$2,400,000
Investment Summary
- Monthly Cash Flow
- -$9,187
- Cap Rate
- 1.7%
- Cash-on-Cash Return
- -20.0%
- Debt Coverage Ratio
- 0.27
- Internal Rate of Return (5 years)
- -15.3%
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 an estate home that combines sophisticated design, resort-style amenities, and thoughtful accessibility—nestled in a serene, sought-after setting. This custom ranch-style home offers expansive levels of luxurious living, with an elevator ensuring seamless movement between each space. Every detail has been carefully curated to deliver comfort, elegance, and convenience for multigenerational living or entertaining on a grand scale. Located inside the gated golf community of Governor’s Towne Club. This custom ranch-style estate offers an unparalleled lifestyle with three thoughtfully designed levels of luxury, including a fully finished, handicap-accessible terrace level. Blending timeless architecture with modern convenience in every square foot. From the moment you enter the foyer, panoramic views and abundant natural light create a welcoming sense of space. The open floor plan flows effortlessly through wide hallways, designer living areas, and custom-crafted finishes, setting the tone for everyday enjoyment and elegant entertaining. The oversized primary suite is a private sanctuary, featuring a cozy fireplace, handcrafted built-ins, and dual walk-in closets. The spa-inspired en-suite bathroom offers a tranquil retreat with a soaking tub, a separate walk-in shower, and luxurious details throughout. The two additional ensuite bedrooms provide additional flexibility for home office space or a cozy den. At the heart of the home, the gourmet kitchen is designed for culinary excellence, with abundant cabinetry, premium appliances, expansive serving areas, and an oversized walk-in pantry. Whether preparing a quiet family meal or hosting a large gathering, this kitchen supports it all with elegance and efficiency. 1st floor floor-covered porch provides easy enjoyment by the fireplace and year-round relaxation. Outdoors, this home offers a true resort-style experience. The backyard features a heated "spool" (spa + pool), a cozy fireplace gathering area, and even a custom-designed putt-putt course—making it a favorite destination for family fun and weekend get-togethers. Every inch of the outdoor space is designed to bring people together in comfort and style. The finished terrace level is a standout feature—fully handicap accessible, with extra-wide hallways, large entry doors, barrier-free design, and open-concept throughout. It includes a second full kitchen, additional living, and recreation space, a fully handicap-accessible 2nd primary suite plus additional private guest accommodations. The 2nd laundry room is convenient for all the towels from spool activity. Whether hosting a holiday feast, a game night, or a quiet movie evening, this level is tailored for entertaining, comfortable living, and flexibility for any occasion. The 2nd upper level is thoughtfully located opposite the primary suite and provides two additional ensuite bedrooms. The Media room will provide hours of movie time with family and friends. The media room is located upstairs adjacent to the ensuite bunk room and ensuite bedroom for additional private guest accommodations. Homes highlights: • Elevator servicing all three levels • Media/home theatre on the upper level • Fitness room on the terrace level • Terrace level is handicap accessible • Oversized garage with extra storage and workshop area • Main level primary suite plus 2 additional bedrooms As a homeowner in Governor’s Towne Club, you’ll enjoy access to one of North Atlanta’s most coveted private golf communities with a vibrant social calendar of events year-round. Whether you're looking for the perfect family home, a multigenerational setup, or simply a space that offers the finest in comfort and community, this extraordinary residence inside Governor’s Towne Club is truly one of a kind.
Build Your Team
Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.
Agents
Match with investor-friendly agents who can help you find, analyze, and close your next deal
Lenders
Get the best funding…find investor-friendly lenders who specialize in your deal strategy
Property Managers
Transition to passive investing. Find a trusted property management partnership that lasts.
Tax Pros & Accountants
Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more
Location
Property Details
Parking
- Description: Attached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway
- Details: Garage Door Opener, Garage Faces Side, Kitchen Level, Driveway
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 7
Bathroom Information
- # of Baths (Full): 7
- # of Baths (Partial): 1
- # of Baths (Total): 8.0
Interior Features
- # of Rooms: 16
- # of Stories: 3
- Basement: Yes
- Basement Description: Daylight, Exterior Entry, Finished, Full, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Masonry
- Foundation: Concrete Perimeter
- Roof Type: Gable or Hip
- Roof Material: Composition, Shingle
HOA
- Has HOA: Yes
- HOA Fee: $3,200/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 011.2.4.006.0000
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Farmhouse, Ranch, Traditional
- Year Built: 2018
Tax Information
- Annual Tax: $15,009
Utilities
- Water & Sewer: Public
- Heating: Electric, Forced Air, Natural Gas, Zoned
- Cooling: Electric, Zoned
Location
- County: Paulding
Listing Details
Investment Summary
- Monthly Cash Flow
- -$9,187
- Cap Rate
- 1.7%
- Cash-on-Cash Return
- -20.0%
- Debt Coverage Ratio
- 0.27
- Internal Rate of Return (5 years)
- -15.3%
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:
| $2,400,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,920,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $480,000 |
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:
| $72,000 |
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:
| $552,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 0 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| n/a |
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:
| n/a |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,920,000 |
|---|---|
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:
| 6.840% |
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:
| $12,568 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,251 |
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:
| $497 |
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:
| $14,316 |
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:
| $7,100 | $85,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$426 | -$5,112 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $6,674 | $80,088 |
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. | 18% | -$1,251 | -$15,009 |
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% | -$497 | -$5,964 |
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% | -$568 | -$6,816 |
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% | -$355 | -$4,260 |
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% | -$355 | -$4,260 |
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. | 4% | -$267 | -$3,204 |
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 | 46% | -$3,293 | -$39,513 |
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:
| $3,381 | $40,572 |
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. | -$12,568 | -$150,816 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $9,187 | $110,244 |