$439,900
Investment Summary
- Monthly Cash Flow
- -$920
- Cap Rate
- 3.6%
- Cash-on-Cash Return
- -10.9%
- Debt Coverage Ratio
- 0.59
- Internal Rate of Return (5 years)
- -6.6%
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
Spacious Ranch with Upgrades & Basement Suite - Flowery Branch Gem! Welcome to this Certified ranch-style home tucked away in a quiet cul-de-sac in the Compass Point Neighborhood of Hall County. House has been Inspected, HVAC serviced, Septic serviced, and comes with a one year renewable Home Warranty. This property offers privacy, space, and flexibility with room to grow and customize. Large yard with mature plantings and fruit trees in the front. Enjoy a fenced backyard, upper deck, and a covered lower patio backing up to serene woods-privately owned by the Compass Pointe neighborhood for several hundred feet. That means no one can build behind you, offering lasting peace and privacy. Inside, you'll find real hardwood floors throughout the main level, plenty of windows and sunlight. A stunning double-sided stone fireplace creates flexible options for the living room under a vaulted ceiling. A refreshed kitchen features granite countertops, a new backsplash, and artisan finished cabinets with plenty of space to gather. An adjacent dining room space rounds out the main level's great room. Granite countertops add a touch of elegance to the updated bathrooms along with new tile in the bathrooms, showers , and laundry room. Double sinks, separate shower and soaking tub, with a water closet found in the on suite and large walk closet make for a wonderful primary bedroom on the main level. Upstairs is a 270 sq ft energy-efficient foam insulation unfinished, bonus room over the garage-perfect for a future, private bedroom, home office, or flex space. The daylight basement is a standout: it includes a full second kitchen with cooktop, vent hood, microwave, sink, breakfast bar, and room for a full-size refrigerator with custom cabinets. This kitchen looks over a game room with a Pool Table that flows into a Home Theater space; with an acoustically transparent screen (room for speakers behind it) and fully wired for your surround sound system and projector. An exterior door leads out to the covered deck in the rear yard for indoor and outdoor entertainment. Plus, there's a bonus room with closet and an attached full bath. The rest of the basement is a large (650+sq ft) unfinished space with stud walls for extra rooms: a workshop, home office, anything you want. And a second exterior door to the side yard. Located in an established neighborhood you'll enjoy easy access to Lake Lanier, Lake Lanier Islands, Chateau Elan, the Mall of Georgia, and several nearby golf courses. Or just stay near home and spend time at the neighborhood pool and play area. This home offers the perfect combination of privacy, upgrades, space, and location, ready for you to move in now and make it your own.
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Location
Property Details
Parking
- Description: Attached, Garage, Side/Rear Entrance
- Details: Garage, Kitchen Level, Off Street, Garage Door Opener
- Garage Spaces: 2
- Spaces Total: 2
Bedroom Information
- # of Bedrooms: 3
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 6
- # of Stories: 3
- Basement: Yes
- Basement Description: Partial, Daylight, Exterior Entry, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Siding (not specified)
- Roof Type: Gable or Hip
- Roof Material: Composition
HOA
- Has HOA: Yes
- HOA Fee: $300/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 08134A000129
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Ranch
- Year Built: 2000
Tax Information
- Annual Tax: $4,400
Utilities
- Water & Sewer: Public
- Heating: Electric, Central
- Cooling: Ceiling Fan(s), Central Air
Location
- County: Hall
Listing Details
Investment Summary
- Monthly Cash Flow
- -$920
- Cap Rate
- 3.6%
- Cash-on-Cash Return
- -10.9%
- Debt Coverage Ratio
- 0.59
- Internal Rate of Return (5 years)
- -6.6%
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:
| $439,900 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$351,920 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $87,980 |
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:
| $13,197 |
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:
| $101,177 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 2,865 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $154 |
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:
| $0.87 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $351,920 |
|---|---|
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:
| $2,253 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $367 |
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:
| $2,795 |
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. | 15% | -$367 | -$4,400 |
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. | 1% | -$25 | -$300 |
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 | 41% | -$1,017 | -$12,200 |
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:
| $1,333 | $15,996 |
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. | -$2,253 | -$27,036 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$920 | -$11,040 |