$5,975,000
Investment Summary
- Monthly Cash Flow
- -$31,459
- Cap Rate
- -0.2%
- Cash-on-Cash Return
- -27.5%
- Debt Coverage Ratio
- -0.03
- Internal Rate of Return (5 years)
- -22.5%
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
Tucked within a landscape of understated splendor lies a home that feels conjured from the pages of an architectural fairytale - a place where timeless design and modern luxury meet in perfect harmony. Beyond its gracious fa ade, through arched entryways and steel-framed doors, the home invites you into a world curated with natural stone, warm wood, and whispers of elegance at every turn. Each corner reveals an artisan's touch - a celebration of craftsmanship and refinement. The main level unfolds like a grand but welcoming salon: soaring 12-foot ceilings stretch above herringbone-laid hardwoods, as rooms ebb and flow with a rhythm made for both everyday comfort and effortless entertaining. To one side, is the formal living room, a wonderful space to sit and enjoy the natural sunlight that pours through the floor to ceiling windows. On the other side is the heart of the home, the chef's kitchen crafted for both form and function - a symphony of bespoke cabinetry, not one but two oversized islands, dual dishwashers, and the gleam of Wolf and Sub-Zero appliances. A dramatic range hood crowns the space like a modern-day sculpture, while marble countertops glisten under soft morning light. A cozy keeping room nestles near the hearth, inviting intimate gatherings and unhurried mornings. And yes - a wet bar awaits with an ice maker, wine refrigeration, and the promise of perfectly chilled pours. On this same level, a private guest suite offers a haven for overnight visitors, thoughtfully tucked for comfort and ease. Nearby, a mudroom stands ready to catch the day's comings and goings with understated style. Ascend the staircase to discover the sanctuary that is the primary suite - a world of its own, complete with a fireplace, morning bar, and spa-like bath. Soak away your day in a sculptural tub, glide between dual vanities, or relax in the glass-enclosed shower that feels more like a boutique spa than a bathroom. Two generous custom closets complete the suite with room to breathe and room to dream. Four additional bedrooms extend across the upper level - each spacious, sunlit, and connected to exquisitely appointed baths. Each room offers a unique canvas - the perfect suites for a serene nursery, a welcoming guest retreat, or a beautifully tailored space to fit your every desire and whim. But the home's most unexpected magic awaits on the terrace level - a fully finished destination where play, indulgence, and hospitality converge. Picture a sprawling lounge and media space, anchored by a custom bar that wouldn't feel out of place in a luxury resort. Nearby, a card room glows with the ambiance of a rustic fireplace with tongue-and-groove surround. For connoisseurs, a 1,200-bottle climate-controlled wine cellar stands ready for both storage and story-worthy tastings. Wellness seekers will adore the private gym, while golf enthusiasts will revel in a high-end simulator that brings the fairway to you - no matter the season. Outside, the enchantment continues. A saltwater pool and spa shimmer under the sun, framed by sleek stone and surrounded by the sounds of nature. A covered patio invites alfresco feasts with its built-in grill and wood-burning fireplace - a four-season gathering place for laughter, lounging, and long conversations under the stars. A fully appointed pool house that dazzles: gourmet kitchen, stainless appliances, full bath, laundry, and dramatic 15-foot glass nano doors that fold entirely open to blur the line between indoors and poolside paradise. Here, summer lives all year long. Aside from it being a haven for high end living and entertaining, it is equipped with the finest systems to provide ease day to day. In every detail, this home whispers luxury - not loudly, but confidently - knowing its beauty lies not just in extravagance, but in its balance of soul, story, and sanctuary. This is more than a residence. This is a life well-lived.
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Location
Property Details
Parking
- Description: Attached, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
- Details: Attached, Garage, Garage Door Opener, Kitchen Level
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 6
Bathroom Information
- # of Baths (Full): 8
- # of Baths (Partial): 3
- # of Baths (Total): 0.0
Interior Features
- # of Stories: 2
- Basement: Yes
- Basement Description: Bath/Stubbed, Concrete, Daylight, Finished, Full
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Rock, Stone
- Roof Material: Other
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 170044LL4096
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Brick 4 Side, Contemporary, Traditional
- Year Built: 2016
Tax Information
- Annual Tax: $74,812
Utilities
- Water & Sewer: Public
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Zoned
Location
- County: Fulton
Listing Details
Investment Summary
- Monthly Cash Flow
- -$31,459
- Cap Rate
- -0.2%
- Cash-on-Cash Return
- -27.5%
- Debt Coverage Ratio
- -0.03
- Internal Rate of Return (5 years)
- -22.5%
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:
| $5,975,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$4,780,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $1,195,000 |
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:
| $179,250 |
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:
| $1,374,250 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 10,964 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $545 |
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:
| $0.71 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $4,780,000 |
|---|---|
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:
| $30,607 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $6,234 |
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:
| $546 |
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:
| $37,387 |
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:
| $7,800 | $93,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$468 | -$5,616 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $7,332 | $87,984 |
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. | 80% | -$6,234 | -$74,812 |
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% | -$546 | -$6,552 |
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% | -$624 | -$7,488 |
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% | -$390 | -$4,680 |
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% | -$390 | -$4,680 |
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 | 105% | -$8,184 | -$98,212 |
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:
| -$852 | -$10,224 |
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. | -$30,607 | -$367,284 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $31,459 | $377,508 |