$5,700,000
Investment Summary
- Monthly Cash Flow
- -$29,118
- Cap Rate
- 0.0%
- Cash-on-Cash Return
- -26.7%
- Debt Coverage Ratio
- 0.00
- Internal Rate of Return (5 years)
- -21.7%
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 "Rolling Hills Farm" This estate home and 216 acres borders the Apalachee River and is located less than 20 minutes from Athens, Ga. As you enter the property through the gated entrance and enjoy a tree line driveway, you soon arrive at the porte cochere of your new home. The double front doors welcome you into the marble tile entrance with an abundance of natural light. To your right and left you will find a formal dining room and sitting parlor. You then enter into the formal living room with stone fireplace and custom built in bookcases. Directly off of the living room there is an expansive veranda that overlooks the outdoor kitchen, resort style pool (with slide), koi pond with water feature and a breathtaking view of your property. There is a large chef's kitchen with luxury stainless steel appliances, granite countertops and breakfast nook with rounded windows. On the main level of the home there are four bedrooms, each with a private full bathroom. Also on the main level is the executive wood panel office with fireplace and the owners suite. Large windows overlooking your acreage with access to the porch accompany your owners suite as well as oversized bathroom featuring his and hers sinks, tiled rain-head shower, soaking tub and custom closet. As you ascend the stairs from the main level, you will find a space that is ideal for a teen or in-law suite, with large bedroom/sitting area space, multiple closets and ensuite. This level features a catwalk that attaches to the garage for ease of access/game room. On the terrace level, more space abounds. Full kitchen with upgraded appliances and granite countertops along with two rooms functioning as "bedrooms" with closets, zero entry bathroom and office. There is also a home gym with a resort sized steam room and sauna. Getting from the main to terrace levels is a breeze with your in-home elevator, perfect for transporting guests, luggage or entertaining items The backyard is perfect for entertaining many guests as you have multiple seating areas with an outdoor grill kitchen, pool seating, koi pond and water feature. The estate home features a newer 50 year roof on the main house. This property has 216 acres, so the home itself is only one of the many features! Ideal to be purchased and turned in to a family style compound. There is one lake (with patio/deck/entertaining area) and two ponds for quiet enjoyment. You will also find a horse stable ( room for no more than 3 horses) , outdoor barracks, and small structure for land maintenance equipment. A brand new 4,000 sq ft steel framed partially enclosed barn will house all of your farm equipment and recreational vehicles. "Rolling Hills Farm" is a true sportsman's paradise abounding with wildlife; excellent fishing opportunities and hunting for deer, turkey, ducks and hogs. Whether a family compound or private oasis is what you're searching for, look no further than 3881 Sims Bridge. Please contact Nathan today to schedule your detailed private showing of this amazing estate.
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Location
Property Details
Parking
- Description: Garage
- Details: Carport
- Garage Spaces: 0
- Spaces Total: 2
Bedroom Information
- # of Bedrooms: 7
Bathroom Information
- # of Baths (Full): 7
- # of Baths (Total): 0.0
Interior Features
- # of Stories: 3
- Basement: Yes
- Basement Description: Finished, Full
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Rock, Stone
- Foundation: Slab
- Roof Type: Gable
- Roof Material: Composition
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Rural/Agricultural
Lot Information
- Parcel ID: C1610022
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: French Provincial
- Year Built: 2004
Tax Information
- Annual Tax: $40,445
Utilities
- Water & Sewer: Private, Well
- Heating: Central, Electric
- Cooling: Central Air
Location
- County: Walton
Listing Details
Investment Summary
- Monthly Cash Flow
- -$29,118
- Cap Rate
- 0.0%
- Cash-on-Cash Return
- -26.7%
- Debt Coverage Ratio
- 0.00
- Internal Rate of Return (5 years)
- -21.7%
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:
| $5,700,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$4,560,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $1,140,000 |
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:
| $171,000 |
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:
| $1,311,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 9,878 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $577 |
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:
| $4,560,000 |
|---|---|
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:
| $29,198 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $3,370 |
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:
| $350 |
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:
| $32,918 |
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:
| $5,000 | $60,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$300 | -$3,600 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $4,700 | $56,400 |
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. | 67% | -$3,370 | -$40,445 |
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% | -$350 | -$4,200 |
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% | -$400 | -$4,800 |
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% | -$250 | -$3,000 |
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% | -$250 | -$3,000 |
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 | 92% | -$4,620 | -$55,445 |
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:
| $80 | $960 |
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. | -$29,198 | -$350,376 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $29,118 | $349,416 |