$3,795,000
Investment Summary
- Monthly Cash Flow
- -$17,584
- Cap Rate
- 0.6%
- Cash-on-Cash Return
- -24.2%
- Debt Coverage Ratio
- 0.10
- Internal Rate of Return (5 years)
- -19.3%
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 your dream home nestled in a tranquil cul-de-sac, set within the exclusive and coveted Country Club of The South gated community, with unparallel views of the Chattahoochee River that flows down from the mountains of north Georgia. This European white stucco masterpiece rests on over one private acre with lots of privacy. From the moment you approach the home, you will feel the sense of luxury and grandeur with an inviting and oversize driveway, that features majestic columns and 35-foot p rte-cochere entry and 4 car garage. This remarkable estate boasts stunning landscaping and hardscaping, creating a picturesque setting that blends seamlessly with the breathtaking natural surroundings. The welcoming 8-foot double stained wood doors, lead to a grand foyer with soaring 22-foot barrel ceiling and twin elegant wrought iron curved staircases. Custom benches and travertine floors lead to the magnificent formal living room with soaring fireplace and windows, overlooking the secluded and stunning backyard with tranquil views of the river for ultimate living. With a primary suite on main, office and elevator to all floors, this home brings modern convenience with an opportunity to enjoy all the amenities it has to offer. Banquet size, dining room with butler's pantry. Informal breakfast room adjacent to the glass curved windows in the family room both, with views of the backyard and featuring one of 7 fireplaces. Sophisticated easy living modern kitchen with high end appliances that includes double Sub-Zero fridge and freezer, wolf cooktop, double ovens, warming drawer, walk in pantry and very extensive quartz countertops island. The luxurious Primary Suite, offers windows on two sides to enjoy the views of the Chattahoochee river, fireplace, sitting room and a private veranda with tranquil views. The bathroom features a whirlpool soaking tub, dual sinks, a make- up vanity, two private water closets. Two walk-in closets with floor to ceiling extensive cabinetry and secret access to the library office. In the sitting room, a private spiral staircase next to the elevator, allows access to the exercise room and terrace level. Second Primary Suite also conveniently located upstairs featuring 3 more bedrooms in addition to a private en-suite bedroom with fireplace. Terrace level offers the ultimate entertaining space for fitness and relaxation. Sauna, steam room, exercise room and extra space for a potential golf simulator, media room, and a complete en-suite bedroom. Large area with pool table, bar area, fireplace and easy access to the lush backyard. The pool area with covered outdoor kitchen, jacuzzi and large pool overlooking the river is the ultimate entertaining space. This extraordinary home located in John's Creek have excellent public and private institutions. The lifestyle in this exclusive, gated community includes The Jack Nicklaus-designed 18-hole golf course, brand-new $3 million clubhouse and pool, complete with an Olympic-size pool, kids' slides, and water park. Tennis and pickleball courts, social events, and an elite country club lifestyle. With proximity to downtown Alpharetta and Avalon for shopping, restaurants and entertaining along with access to parks and recreation nearby. You can have it all in Johns Creek.
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Location
Property Details
Parking
- Description: Covered, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway
- Details: Garage, Garage Door Opener, Kitchen Level
- Garage Spaces: 5
- Spaces Total: 5
Bedroom Information
- # of Bedrooms: 6
Bathroom Information
- # of Baths (Full): 7
- # of Baths (Partial): 3
- # of Baths (Total): 0.0
Interior Features
- # of Rooms: 14
- # of Stories: 3
- Basement: Yes
- Basement Description: Daylight, Exterior Entry, Finished, Full, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Masonry
- Foundation: Slab
- Roof Material: Other
HOA
- Has HOA: Yes
- Association: CCOS HOA
- HOA Fee: $7,600/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 11033200100285
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: European, Traditional
- Year Built: 1998
Tax Information
- Annual Tax: $35,539
Utilities
- Water & Sewer: Public
- Heating: Central, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Zoned
Location
- County: Fulton
Investment Summary
- Monthly Cash Flow
- -$17,584
- Cap Rate
- 0.6%
- Cash-on-Cash Return
- -24.2%
- Debt Coverage Ratio
- 0.10
- Internal Rate of Return (5 years)
- -19.3%
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:
| $3,795,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$3,036,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $759,000 |
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:
| $113,850 |
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:
| $872,850 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 13,914 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $273 |
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:
| $0.57 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $3,036,000 |
|---|---|
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:
| $19,440 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,962 |
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:
| $553 |
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:
| $22,955 |
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:
| $7,900 | $94,800 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$474 | -$5,688 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $7,426 | $89,112 |
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. | 37% | -$2,962 | -$35,539 |
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% | -$553 | -$6,636 |
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% | -$632 | -$7,584 |
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% | -$395 | -$4,740 |
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% | -$395 | -$4,740 |
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. | 8% | -$633 | -$7,596 |
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 | 71% | -$5,570 | -$66,835 |
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:
| $1,856 | $22,272 |
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. | -$19,440 | -$233,280 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $17,584 | $211,008 |