$1,377,000
Investment Summary
- Monthly Cash Flow
- -$5,950
- Cap Rate
- 1.0%
- Cash-on-Cash Return
- -22.5%
- Debt Coverage Ratio
- 0.16
- Internal Rate of Return (5 years)
- -17.8%
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
Beautiful horse property with breathtaking views of rolling hills !! Private ranch/farm estate on the most exquisite 16.3 acres of pasture and hardwoods, as well as a stocked pond. Excellent property for horse lovers/equestrians or make it your private green for golfing or soccer, or even your farm to table garden. This property could be your dream ranch and is surrounded by a forest of trees at its borders as a private oasis. Beautifully adorned with pecan trees, blueberry bushes, muscadine vines, garden area, flowers, rose bushes, crepe myrtle trees. The home is a custom built William Poole plan. Basement has a separate finished mother in law/teen suite apartment approx. 750 sq ft. with full bath and separate entrance. Unfinished portion of basement is approx. 2200 sq ft which has air/heat. and a stubbed half bath...total home sq foot finished could be nearly 7000sq ft +!!! This beautiful home offers a chef's kitchen with a commercial grade Wolf gas cooktop, double convection oven, granite island, vaulted ceilings, a sitting area and a large open area for seating. The flooring in kitchen, bathrooms, laundry room, and a hidden utility storage room has tile and the main level of home is all 3/4 inch plank redwood oak flooring. Upstairs consists of 2 bedrooms/office and an extremely large family/flex room wired for surround sound. It also includes 2 unfinished attics, one of the attics has heating and cooling with sheetrock available to finish. The roof has architectural shingles and is approximately 7 years young. All hinges, door knobs, and faucets replaced with new rubbed oil bronze fixtures. The home has extra insulation between the main level and upper level. It is an all electric home but has a buried propane tank for the cooktop and gas logs. The basement has custom ductwork and has heat and air. There is a separate 16X16 shop with loft which has power. The enormous deck overlooks a beautiful tea garden and the surrounding woods. The property is fenced for a horse and does have a lovely inviting walking trail through the woods. The scenic view from the front porch overlooks the pond and the beautiful topography of the pasture area. Plenty of property to add on or build your dream barn and add a custom pool. There is a long tree-lined gravel driveway and one cannot see the home from the street. Home has T mobil whole house internet. Lake Horton is just up the road with hiking around the lake along with picnic areas and a play park. Fantastic schools of Peeples elementary, Liberty tech elementary, and Whitewater. The distance from Trilth studios and Fayetteville is 16 miles, 14 miles from Peachtree City, 10 miles to Senoia, 26 miles to Atlanta International Airport, and 35 miles to Atlanta. THIS HAS BEEN THE BEST LIFE TO RAISE A FAMILY FOR THE ORIGINAL OWNERS! Leave the city rush and come home to your sanctuary. No water bill as home has a very deep well with cold thirst quenching water. Property in conservation and taxes reflect that as well as age of owners. Cannot be subdivided. Beautiful long gravel driveway that takes one through the woods before arriving to the home and property. Owners maintain property with tractor and flail and a large quarter horse. This property seeks land loving buyers.
Build Your Team
Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.
Agents
Match with investor-friendly agents who can help you find, analyze, and close your next deal
Lenders
Get the best funding…find investor-friendly lenders who specialize in your deal strategy
Property Managers
Transition to passive investing. Find a trusted property management partnership that lasts.
Tax Pros & Accountants
Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more
Location
Property Details
Parking
- Description: Attached, Basement, Garage, Garage Door Opener, Kitchen Level, Off Street, Parking Pad, RV/Boat Parking, Side/Rear Entrance
- Details: Attached, Garage, Garage Door Opener, Kitchen Level, Parking Pad, Storage, Boat
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 6
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Partial): 2
- # of Baths (Total): 5.0
Interior Features
- # of Stories: 1
- Basement: Yes
- Basement Description: Bath/Stubbed, Concrete, Daylight, Exterior Entry, Finished, Full, Interior Entry, Unfinished
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Material: Composition
Land Information
- Land Use: Residential
- Land Use Subtype: Duplex
Lot Information
- Parcel ID: 0419051
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Craftsman, Ranch, Stone Frame, Traditional
- Year Built: 2002
Tax Information
- Annual Tax: $7,455
Utilities
- Water & Sewer: Private, Well
- Heating: Heat Pump, Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
Location
- County: Fayette
Listing Details
Investment Summary
- Monthly Cash Flow
- -$5,950
- Cap Rate
- 1.0%
- Cash-on-Cash Return
- -22.5%
- Debt Coverage Ratio
- 0.16
- Internal Rate of Return (5 years)
- -17.8%
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:
| $1,377,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,101,600 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $275,400 |
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:
| $41,310 |
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:
| $316,710 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,700 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $293 |
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:
| $0.53 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,101,600 |
|---|---|
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:
| $7,054 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $621 |
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:
| $175 |
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:
| $7,850 |
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:
| $2,500 | $30,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$150 | -$1,800 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,350 | $28,200 |
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. | 25% | -$621 | -$7,455 |
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% | -$175 | -$2,100 |
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% | -$200 | -$2,400 |
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% | -$125 | -$1,500 |
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% | -$125 | -$1,500 |
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 | 50% | -$1,246 | -$14,955 |
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:
| $1,104 | $13,248 |
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. | -$7,054 | -$84,648 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $5,950 | $71,400 |