$2,975,000
Investment Summary
- Monthly Cash Flow
- -$13,460
- Cap Rate
- 0.7%
- Cash-on-Cash Return
- -23.6%
- Debt Coverage Ratio
- 0.12
- Internal Rate of Return (5 years)
- -18.8%
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
Experience the perfect blend of timeless sophistication and relaxed luxury in this extraordinary residence, nestled within the prestigious gated golf community of The River Club. Ideally located just a short walk from both the clubhouse and the lakeside family center, this home offers effortless access to world-class amenities that define this exclusive enclave. This premium homesite is one-of-a-kind-offering serene privacy and picturesque views from every angle. From its classic architecture to the impeccable finishes found throughout all three levels, every detail of this home exudes enduring quality and thoughtful design. Whether you're hosting elegant dinner parties, casual gatherings with friends, or enjoying quiet moments with family, this home provides the ideal backdrop for every occasion. Tucked away behind lush landscaping, the front porch is where evenings are spent watching the sunset and greeting neighbors walking by in the distance. The warm and welcoming foyer leads to richly appointed living spaces. A handsome study with fireplace, exquisite millwork, and sun-filled window creates the perfect setting for a home office. The formal dining room flows to a gracious great room featuring a limestone fireplace, coffered ceilings, and stunning views of the beautifully landscaped backyard and tranquil waterfall. Unique to this home is the charming "friends and family entrance," which opens into a well-appointed service area-ideal for welcoming guests with refreshments upon arrival or serving cocktails adjacent to the dining room when hosting formal parties. The gourmet kitchen, centered around a spacious island, flows effortlessly into the vaulted keeping room with an oversized, striking stone fireplace. Beyond the keeping and breakfast rooms, is one of the areas you will enjoy the most, especially in the fall! The cozy screened porch with beautiful wood burning fireplace opens to the grilling deck and overlooks the waterfall. This lot also offers the coveted "best of both worlds" in that you walk out the main level to the screened porch, grilling station, and level backyard, with the lower level just outside the terrace level being pool ready. On the terrace level, step into the ultimate haven for hosting and relaxation-where exquisite stonework and rich millwork set an unforgettable tone. The showstopping centerpiece is a stunning, stone-wrapped English-style pub, complete with a private gentleman's room and wine cellar with hidden enclave for storing valuables. Whether you're enjoying fireside conversations, movie nights in your private home theater, or friendly competition in the billiard room, this luxurious terrace level delivers unforgettable moments and endless entertainment. A rare and highly sought-after feature in this home is the inclusion of two luxurious primary suites-one conveniently located on the main level and another upstairs. The home is also elevator-ready for added ease and accessibility. The home offers 7 spacious bedrooms, including 5 ensuite bedrooms, a large bonus room with built-in study/office area, and 2 additional bedrooms on the terrace level. Lovingly maintained by its original owners, this timeless home has recently been refreshed with new paint, new carpet, and refinished hardwood floors, making it truly move-in ready. Set along the iconic Chattahoochee River, The River Club is a certified Audubon Sanctuary and one of the Southeast's premier private communities. Residents enjoy a wealth of amenities including a Greg Norman-designed championship golf course, a lakeside family sports center featuring both clay and hard-surface tennis courts, a junior Olympic lap pool with splash pad and slide, and a state-of-the-art fitness center. Dining options abound, from casual fare to fine dining. With 24/7 gated security, top-rated schools, and close proximity to upscale shopping, dining, and cultural attractions, The River Club offers a lifestyle of unmatched luxury and convenience.
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Location
Property Details
Parking
- Description: Garage
- Details: Attached, Garage, Kitchen Level
- Garage Spaces: 0
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 7
Bathroom Information
- # of Baths (Full): 6
- # of Baths (Partial): 1
- # of Baths (Total): 7.0
Interior Features
- # of Rooms: 13
- # of Stories: 3
- Basement: Yes
- Basement Description: Concrete, Daylight, Exterior Entry, Finished, Full, Interior Entry
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Brick
- Roof Type: Gable or Hip
- Roof Material: Other
HOA
- Has HOA: Yes
- HOA Fee: $5,950/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: R7284204
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Traditional
- Year Built: 2005
Tax Information
- Annual Tax: $18,237
Utilities
- Water & Sewer: Public
- Heating: Central, Natural Gas, Zoned
- Cooling: Ceiling Fan(s), Central Air, Zoned
Location
- County: Gwinnett
Listing Details
Investment Summary
- Monthly Cash Flow
- -$13,460
- Cap Rate
- 0.7%
- Cash-on-Cash Return
- -23.6%
- Debt Coverage Ratio
- 0.12
- Internal Rate of Return (5 years)
- -18.8%
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:
| $2,975,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,380,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $595,000 |
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:
| $89,250 |
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:
| $684,250 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 10,273 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $290 |
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:
| $0.54 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,380,000 |
|---|---|
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:
| $15,239 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,520 |
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:
| $385 |
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:
| $17,144 |
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:
| $5,500 | $66,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$330 | -$3,960 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $5,170 | $62,040 |
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. | 28% | -$1,520 | -$18,237 |
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% | -$385 | -$4,620 |
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% | -$440 | -$5,280 |
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% | -$275 | -$3,300 |
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% | -$275 | -$3,300 |
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. | 9% | -$496 | -$5,952 |
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 | 62% | -$3,391 | -$40,689 |
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:
| $1,779 | $21,348 |
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. | -$15,239 | -$182,868 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$13,460 | -$161,520 |