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Investment property: Lithonia, GA 30058

2 story brick front home with kitchen, living room, dining room and 2 care garage. Home foreclosed in 2011 for $258,932.

Address 6439 Swift Creek Drive
Lithonia, GA  30058
County DeKalb
Year Built 2003
Subdivision
Bedrooms 4
Bathrooms 3
SqFt 2492
Stories 2
Garage

Price $ 137900
Estimated Repairs $ 20000
Estimated Retail Value $ 137900
Estimated Rental Income $ 1250
Estimated Property Taxes $ 2264
HOA Fees $ 0

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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 *		 $
* This total does not include potential
escrow reserves for taxes & insurance

Mortgage Calculations
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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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Mortgage Loan Term (Fixed)
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Insurance $
Homeowners Association (Yearly) $
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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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