$1,299,000
Investment Summary
- Monthly Cash Flow
- -$3,699
- Cap Rate
- 2.3%
- Cash-on-Cash Return
- -14.9%
- Debt Coverage Ratio
- 0.40
- Internal Rate of Return (5 years)
- -10.4%
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
Experience unparalleled craftsmanship and gorgeous finishes in this remarkable luxury property. Set among the beauiful trees and lush landscaping on a full acre in Sycamore's premier Merry Oaks community. This French-inspired estate blends Old World charm with modern comforts and endless attention to detail. The exterior showcases stone, stucco, timber accents, iron balconies, and arched double doors with diamond-glass inlays, creating a striking first impression. A circular drive with brick inlay, stone columns, and custom lighting adds to the property's grand presence. Outdoor living takes center stage with multiple bluestone patios, a dramatic wood-burning stone fireplace, and gated entryways that frame panoramic woodland views. Step inside as the natural light pours into the two-story Great Room, highlighted by a stone fireplace, cedar walls, and tall windows with decorative shutters. The living room features French doors and glass transoms, while the formal dining room offers inspiring ambiance. The gourmet kitchen combines elegance and function with custom cabinetry, granite counters, crystal lighting over a generous island, high-end appliances, and a walk-in pantry/wine cellar. Just off the kitchen, the dinette with atrium door opens to the patio, and the sunroom-with reclaimed beams from an 1840s barn, limestone flooring, stone fireplace, and cupola chandelier-offers a memorable retreat. Additional main-level spaces include a versatile family room with vaulted trusses and wet bar, a light filled breakfast/coffee space, a studio/mudroom with garage access, and a heated 3.5-car garage. Two primary suites create private retreats. The main-floor suite features crown-lit ceilings, wool carpeting, spa bath, and private laundry. The second-floor suite includes a soaking tub, spacious shower, sitting room, and an extraordinary 14-foot walk-in closet with island, shelving, and dual chandeliers and additional large walk in closet and second floor laundry room adding extra convenience. Two junior suites with en suite baths plus a third-level flex area (perfect for office, art studio, game/billiard room) provide versatility. The finished lookout basement includes a second kitchen, fifth bedroom, fifth full bath, recreation and exercise areas, a third stone fireplace, and a children's playhouse all perfect for guests and entertaining. Modern systems include four-zone geothermal heating/cooling, radiant in-floor heating, a whole-home generator, and an elevator serving all three levels. With 8,440 sq. ft. above grade and 3,300 sq. ft. in the lower level, this residence offers nearly 11,740 sq. ft. of custom high end quality living space. Enjoy walking paths, ponds, parkland and wooded trails all just steps from home. A rare opportunity to own one of Sycamore's most impressive estates-thoughtfully designed, impeccably built, and surrounded by natural beauty.
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Location
Property Details
Parking
- Description: Circular Driveway
- Details: Concrete, Circular Driveway, Garage Door Opener, Heated Garage, Garage, On Site, Attached, Driveway
- Garage Spaces: 3
- Spaces Total: 6
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 5
- # of Baths (Partial): 3
- # of Baths (Total): 8.0
Interior Features
- # of Rooms: 15
- Basement: Yes
- Basement Description: Sump Pump, Finished, Concrete, Full, Daylight
- Fireplace: Yes
Exterior Features
- Foundation: Concrete Perimeter
- Roof Material: Asphalt
HOA
- Has HOA: Yes
- HOA Fee: $475/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential (Assumed)
Lot Information
- Parcel ID: 0620480015
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Other
- Year Built: 2009
Tax Information
- Annual Tax: $27,278
Utilities
- Water & Sewer: Public
- Heating: Geothermal, Natural Gas, Forced Air, Radiant, Heat Pump, Zoned, Radiant Floor
- Cooling: Ceiling Fan(s), Central Air, Zoned, Geothermal
Location
- County: De Kalb
Listing Details
Investment Summary
- Monthly Cash Flow
- -$3,699
- Cap Rate
- 2.3%
- Cash-on-Cash Return
- -14.9%
- Debt Coverage Ratio
- 0.40
- Internal Rate of Return (5 years)
- -10.4%
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:
| $1,299,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,039,200 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $259,800 |
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:
| $38,970 |
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:
| $298,770 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 8,440 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $154 |
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:
| $0.82 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,039,200 |
|---|---|
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:
| 5.875% |
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:
| $6,147 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,273 |
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:
| $483 |
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:
| $8,903 |
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:
| $6,900 | $82,800 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$414 | -$4,968 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $6,486 | $77,832 |
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. | 33% | -$2,273 | -$27,279 |
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% | -$483 | -$5,796 |
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% | -$552 | -$6,624 |
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% | -$345 | -$4,140 |
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% | -$345 | -$4,140 |
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. | 1% | -$40 | -$480 |
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 | 59% | -$4,038 | -$48,459 |
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:
| $2,448 | $29,376 |
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. | -$6,147 | -$73,764 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $3,699 | $44,388 |