$2,995,000
Investment Summary
- Monthly Cash Flow
- -$13,297
- Cap Rate
- 0.8%
- Cash-on-Cash Return
- -23.2%
- Debt Coverage Ratio
- 0.13
- Internal Rate of Return (5 years)
- -18.4%
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
Sumptuous interiors define this stunning newly renovated Buckhead townhome. Located in the highly sought after prestigious Peachtree West neighborhood, it is within easy distance to restaurants, schools, places of worship, Peachtree Battle Shopping Center, and the ever-popular St Philips Saturday Farmers Market. This elegant all brick townhome complex designed by William T. Baker and built by Brunning & Stang features only five units. The exterior is reminiscent of those lovely streets of Mayfair London or the Upper West Side of New York City. Number 5 is the farthest end unit in the complex allowing for a quiet and peaceful environment. As you enter the home, you will be awed by the sophisticated next level luxury renovations of the finest materials and craftsmanship throughout. The exceptional library to the right of the entry is designed and emulates a "Ralph Lauren" look with dark green lacquer bookcases and coffered ceilings highlighted by the multiple windows - a benefit to an end unit. With a view throughout the unit the next room is the truly breathtaking dining room from the stunning wallpaper to the custom built in cabinets and the artistically designed light fixtures. A room that your dining guests will remember. The light filled living room with cast stone fireplace is open to the magazine worthy kitchen that will "stop you in your tracks". This superb kitchen is luxurious and efficiently designed for any gourmet cook. The La Cornue dual fuel range is complemented with high end appliances such as the Sub-Zero refrigerator, Fisher & Paykel dishwasher drawers, Miele coffee maker system and speed oven and more upscale appliances. The plentiful cabinets feature organizational details. Calacatta Vagli adds a perfect dimension of marble counters, backsplash, and counter for nine foot island. The island has seating and a surprise feature at the end with the feeding station that will delight any dog parent. A wonderful arched window positioned above the sink brings light and a view to the courtyard and greenery. Access to the courtyard may be through the full light doors flanking the fireplace. The private brick patio has space for dining and relaxing with a built-in grilling station and gives direct access to the nice side yard. A pretty half bath is located off the main hall. There is an elevator to all four floors. On the second level you will find a spacious primary suite renovated to perfection with Phillip Jeffries wallpaper and custom lighting. The two walk in custom closets are nicely outfitted. The primary bath has a marble double vanity, stand-alone soaking tub and separate shower and water closet. A redesigned laundry room has full size washer and dryer and cabinets. The first secondary bedroom with private bath is on this floor. The upper floor presents a considerable room for a third bedroom or office, beverage center and private bath with access to the covered porch. The sizeable fourth secondary bedroom has its own bath as well. The lower level presents newly added space of over 640sf and offers a nicely sized fitness room, charming wine cellar with steel and iron doors with capacity for 350 - 400 bottles. The storage area has multiple enclosed cabinets. The two-car garage access is on this floor. There is a private security gate for both the sidewalk entry and the garage. Guest parking is in the secured garage. This tranquil and sophisticated townhome lives like a single-family home yet offers a "lock and leave" residence.
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Location
Property Details
Parking
- Description: Drive Under Main Level, Garage, Garage Door Opener, Storage
- Details: Attached, Basement, Garage, Garage Door Opener, Guest
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Partial): 1
- # of Baths (Total): 4.5
Interior Features
- # of Rooms: 8
- # of Stories: 3
- Basement: Yes
- Basement Description: Finished, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Rock, Stone
- Foundation: Slab
- Roof Material: Slate
HOA
- Has HOA: Yes
- HOA Fee: $16,000/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Townhouse
Lot Information
- Parcel ID: 17011300070548
- Lot Size: 0 sqft
Property Information
- Property Type: Townhouse
- Style: Brick 4 Side, Traditional
- Year Built: 2009
Tax Information
- Annual Tax: $26,529
Utilities
- Water & Sewer: Public
- Heating: Central, Natural Gas, Zoned
- Cooling: Central Air, Zoned
Location
- County: Fulton
Listing Details
Investment Summary
- Monthly Cash Flow
- -$13,297
- Cap Rate
- 0.8%
- Cash-on-Cash Return
- -23.2%
- Debt Coverage Ratio
- 0.13
- Internal Rate of Return (5 years)
- -18.4%
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:
| $2,995,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,396,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $599,000 |
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:
| $89,850 |
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:
| $688,850 |
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:
| $2,396,000 |
|---|---|
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:
| $15,342 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,211 |
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:
| $567 |
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:
| $18,120 |
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:
| $8,100 | $97,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$486 | -$5,832 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $7,614 | $91,368 |
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. | 27% | -$2,211 | -$26,529 |
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% | -$567 | -$6,804 |
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% | -$648 | -$7,776 |
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% | -$405 | -$4,860 |
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% | -$405 | -$4,860 |
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. | 16% | -$1,333 | -$15,996 |
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 | 69% | -$5,569 | -$66,825 |
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:
| $2,045 | $24,540 |
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. | -$15,342 | -$184,104 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$13,297 | -$159,564 |