$226,300
4752 Happy Valley Rd
Flintstone GA, 30725
Financial Returns
FinancingCash Flow/mo: $468
CashCash Flow/mo: $1,485
22.79%IRR
7.68%CAP Rate
9.02%Cash On Cash
$3,700Equity
Property Information
- Beds: 3
- Baths: 2
- Sq Feet: 1,125
- Year: 1952
- Monthly Rent: $1,725
- Property Taxes: $680
- Annual HOA: $0
Great looking home! More photos coming shortly...
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is a flat $100 a month fee!
Two for One Special! We will be building next to it and can sell it to whoever buys this one at a great off market price!
Financial Projections
Debt (168k, 163k, 158k, 142k) Equity (64k, 69k, 74k, 90k) Appreciation (12k, 37k, 64k, 147k) Cash Positioning (6k, 18k, 34k, 82k)
Financing Assumptions
| Loan Amount | $169,725 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $1,018 |
Initial Investment
| Down Payment (25%) | $56,575 |
| Rehab Amount | $0 |
| Est Closing Cost (1%) | $2,263 |
| Points (2%) | $3,395 |
| Total Out Of Pocket | $62,233 |
Property KPI Without Financing
| Annual Cash Flow | $17,822 |
| All In Cost | $231,958 |
| Cap Rate | 7.68% |
Property KPI With Financing
| Annual Cash Flow | $5,611 |
| Total Out Of Pocket | $62,233 |
| Cash On Cash | 9.02% |
Swipe the table to see Year 1 to Year 10 →
| Annual Revenue Increase | 3% | 3% | 3% | 3% | |
| Annual Operating Expense Increase | 3% | 3% | 3% | 3% | |
| Annual Expense Ratio | 12.14% | 12.14% | 12.14% | 12.14% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $1,725 | $20,700 | $21,961 | $23,298 | $27,009 |
| Vacancy Rate (2%) | $35 | $414 | $439 | $466 | $540 |
| Gross Rental Income | $1,691 | $20,286 | $21,521 | $22,832 | $26,469 |
| Expenses | |||||
| Estimated Annual Property Taxes | $57 | $680 | $721 | $765 | $887 |
| Estimated Annual Homeowners Insurance | $98 | $1,175 | $1,247 | $1,322 | $1,533 |
| Maintenance & Repairs (3%) | $51 | $609 | $646 | $685 | $794 |
| Estimated Annual Prop Mgmt Fee (0%) | $0 | $0 | $0 | $0 | $0 |
| Estimated Annual HOA Dues | $0 | $0 | $0 | $0 | $0 |
| Utilities | $0 | $0 | $0 | $0 | $0 |
| Reserves | $0 | $0 | $0 | $0 | $0 |
| Total Expenses | $205 | $2,464 | $2,614 | $2,773 | $3,214 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,485 | $17,822 | $18,908 | $20,059 | $23,254 |
| Net Cashflow | $17,822 | $18,908 | $20,059 | $23,254 | |
| Cap Rate | 7.68% | 8.15% | 8.65% | 10.03% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,485 | $17,822 | $18,908 | $20,059 | $23,254 |
| Mortgage | $1,018 | $12,211 | $12,211 | $12,211 | $12,211 |
| Net Cashflow | $5,611 | $6,697 | $7,848 | $11,043 | |
| Cash On Cash | 9.02% | 10.76% | 12.61% | 17.75% | |
Property Photos
Projections assume 3% annual rent growth and 3% annual expense growth, based on the Turnkey End Buyer strategy. All figures are estimates for information only. Verify independently before investing.