$2,250,000
Investment Summary
- Monthly Cash Flow
- -$7,865
- Cap Rate
- 2.0%
- Cash-on-Cash Return
- -18.2%
- Debt Coverage Ratio
- 0.32
- Internal Rate of Return (5 years)
- -13.6%
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
Tucked within a beautifully manicured setting, this timeless 1950 residence - topped with a Vermont slate roof - has been artfully transformed into a modern sanctuary through meticulous renovations completed just 3 years ago. Spanning over 5,000 square feet, this home reflects refined taste, thoughtful design, and luxurious comfort. A grand welcome begins in the foyer, where newly refinished hardwood floors in a classic herringbone pattern set a tone of timeless sophistication. From here, the main level unfolds into a series of light-filled living spaces-each room seamlessly connected yet distinct in character. Anchoring the home is a professionally appointed chef's kitchen, recently enhanced with quartzite countertops. Designed for both the culinary enthusiast and the entertainer at heart, the space features a Sub-Zero refrigerator, ZLINE natural gas cooktop, and dual electric ovens. Adjacent to the kitchen, a generously sized laundry and utility room provides additional practicality, complete with a full-size refrigerator and freezer. Also located on the main level is a versatile office-ideal for a sophisticated home office, quiet reading room, or inspired creative studio. The primary suite is a private sanctuary, intentionally designed to promote wellness and serenity. A custom dual sauna-featuring both electric and infrared elements-invites daily restoration, while the expansive spa-inspired bath offers a deep jetted soaking tub, a walk-in shower with rainfall head and body jets. Completing the suite is a thoughtfully designed, custom walk-in closet. Two additional guest suites on the main level are generously proportioned, each featuring its own private bath. An expansive elevated deck overlooks the backyard, ideal for grilling and outdoor entertaining. As you descend the staircase into the fully finished terrace level, you're welcomed into a luxurious extension of the home. A state-of-the-art home theater, complete with a built-in surround sound system and projector, sets the stage for immersive cinematic experiences. Nearby, a well-equipped private gym offers the convenience of at-home wellness, while a secondary flex room presents an opportunity for a fifth bedroom. A dedicated office space exudes a rich, moody ambiance-ideal for focused work or study. For extended guests or multigenerational living, a private suite offers comfort and privacy. The heart of this level is an entertainer's bar area, featuring a striking waterfall-edge leathered granite island with integrated mini refrigerator and dishwasher, complete with its own living area anchored by a custom stucco gas-starting fireplace. Step outside to an oversized patio-perfect for entertaining guests or enjoying quiet evenings outdoors. At the rear of the property, a two-story barn with electricity invites countless possibilities. With dual HVAC systems and two natural gas water heaters, climate control and hot water access are never in question. A whole-home 22kW Generac generator ensures uninterrupted living and protection from unexpected power loss-ideal for modern demands. The property is fully serviced by two independent irrigation systems that cover both the front and backyard-including the barn area-ensuring lush greenery year-round. Designed by award-winning interior design firm A SPACE Home Design, this home has been prominently featured in Architectural Digest, Modern Luxury Interiors Atlanta and The Atlantan. It has also served as a filming location for a celebrity music video and a major Amazon TV production-demonstrating its appeal as both a private retreat and a high-demand filming location, with potential for future rental income. With refined interiors, wellness-focused amenities, advanced systems, and outdoor spaces that inspire, this move-in ready home is perfectly suited to today's discerning buyer seeking a property with timeless appeal and enduring value.
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Location
Property Details
Parking
- Description: Garage, Garage Faces Rear
- Details: Basement, Garage, Garage Door Opener
- Garage Spaces: 8
- Spaces Total: 8
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Total): 4.5
Interior Features
- # of Rooms: 12
- # of Stories: 1
- Basement: Yes
- Basement Description: Exterior Entry, Finished, Full, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Rock, Stone
- Foundation: Slab
- Roof Material: Slate
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 17016000030197
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Traditional
- Year Built: 1950
Tax Information
- Annual Tax: $21,474
Utilities
- Water & Sewer: Public
- Heating: Natural Gas
- Cooling: Central Air
Location
- County: Fulton
Listing Details
Investment Summary
- Monthly Cash Flow
- -$7,865
- Cap Rate
- 2.0%
- Cash-on-Cash Return
- -18.2%
- Debt Coverage Ratio
- 0.32
- Internal Rate of Return (5 years)
- -13.6%
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:
| $2,250,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,800,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $450,000 |
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:
| $67,500 |
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:
| $517,500 |
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:
| $1,800,000 |
|---|---|
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:
| $11,526 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,790 |
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:
| $13,869 |
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. | 23% | -$1,790 | -$21,474 |
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. | 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 | 48% | -$3,765 | -$45,174 |
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:
| $3,661 | $43,932 |
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. | -$11,526 | -$138,312 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $7,865 | $94,380 |