Property Details

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Investment property: Rockmart, GA 30153
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Split level home on wooded lot, vaulted family room, fireplace, breakfast area, storage room in basement. Home sold in 2006 for $113,800.

Address 177 Majesty Drive
Rockmart, GA  30153
County Paulding
Year Built 2006
Subdivision
Bedrooms 3
Bathrooms 2
SqFt 1125
Stories 1
Garage

Price $ 75900
Estimated Repairs $ 16000
Estimated Retail Value $ 75900
Estimated Rental Income $ 795
Estimated Property Taxes $ 1075
HOA Fees $ 0

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Address 1038 Woodrow Kay Road
Rockmart, GA 30153

4 BR / 2 BA 		1918 Sq. Ft.
Last Sold On: 11/10/2011

Sales Price: $85,000
Address 163 Majesty Drive
Rockmart, GA 30153

3 BR / 2 BA 		1351 Sq. Ft.
Last Sold On: 03/15/2011

Sales Price: $82,500

 

Basic Purchase Information
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Purchase Price $
Down Payment (%) $
Equity at Purchase $

Cash at Closing
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Down Payment (%) $
Closing Costs (%) $
Total Cash Required
at Closing *		 $
* This total does not include potential
escrow reserves for taxes & insurance

Mortgage Calculations
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Mortgage Payment $
Mortgage Payment (Yearly) $

Financial Performance Summary
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(Year 1)
Cap Rate (Year 1)
Total Equity at Year 5 $
Projected Monthly Cash Flow $

Assumptions for Calculations (Annual)
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Insurance $
Homeowners Association (Yearly) $
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Appreciation Rate (%)
Vacancy Allowance (%)
Rental Income Increase (%)
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Closing Costs (Purchase) (%)
Closing Costs (Sale) (%)

Cash Flow and Equity Accumulation
CASH-FLOW MONTHLY YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Gross Scheduled Income
Vacancy Allowance
Total Operating Income
Property Taxes
Insurance
Homeowners Association
Maintenance Reserve
Property Management
minus Total Operating Expenses
Net Operating Income
minus Mortgage Expense
GROSS CASH FLOW
Plus Principle Paydown
Plus Yearly Appreciation
EFFECTIVE NET CASH FLOW
 
EQUITY ACCUMULATION YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Property Value
(Mortgage Balance)
EQUITY (WEALTH)
 
TAX BENEFIT YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Depreciation
Mortgage Interest

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