Property Details

(Property Sold)

Investment property: Dallas, GA 30132
(Click on photo for more information)

Traditional 3/2 split level home with large kitchen, great room/dining room combo, finished room downstairs, and level fenced backyard. Home sold for $103,00 in 2008.

Address 132 Westwood Drive
Dallas, GA  30132
County Paulding
Year Built 1990
Subdivision
Bedrooms 3
Bathrooms 2
SqFt 1100
Stories 2
Garage

Price $ 73900
Estimated Repairs $ 23000
Estimated Retail Value $ 73900
Estimated Rental Income $ 795
Estimated Property Taxes $ 1471
HOA Fees $ 0

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Property Photos


Before

After

Comps


Address 131 Watson Dr.
Dallas, GA 30132

3 BR / 2 BA
1250 Sq. Ft.
Last Sold On: 05/29/2012

Sales Price: $74,200

Address 206 Mcbee Place
Dallas, GA 30132

3 BR / 2 BA
1308 Sq. Ft.
Last Sold On: 01/18/2012

Sales Price: $79,000

Address 113 Mount Comet Court
Dallas, GA 30132

3 BR / 2 BA
1772 Sq. Ft.
Last Sold On: 05/29/2012

Sales Price: $78,000

Address 296 Lakeview Terrace
Dallas, GA 30132

3 BR / 2 BA
1105 Sq. Ft.
Last Sold On: 07/03/2012

Sales Price: $75,000

Address 31 Alma Drive
Dallas, GA 30132

3 BR / 2 BA
1524 Sq. Ft.
Last Sold On: 07/27/2012

Sales Price: $90,000

 

Basic Purchase Information

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

Cash at Closing

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Down Payment (%) $
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Total Cash Required
at Closing *
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* 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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Total Equity at Year 5 $
Projected Monthly Cash Flow $

Assumptions for Calculations (Annual)

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Vacancy Allowance (%)
Rental Income Increase (%)
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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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