5840 Crest Oak Way Cumming, GA 30028
4bd, 2.5ba | 2,290sqft | Built in 2013
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Initial Investment
$263,900
List Price: $260,000
Purchase Price
$260,000
Down Payment
100%
Rent
$1,810

Total Return
$87,229
Annualized Return
6.4%
Cap Rate
5.1%
Gross Yield
8.4%
Cash Flow
$12,854
Appreciation
2.4%
Gross Yield
8.4%
 
Cap Rate
5.1%
 
Cash on Cash
4.9%
 
Ann. Return
6.4%
in 5 years
Initial Investment
$263,900
Purchase Price
$260,000
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$0
Total Return
$87,229
Appreciation
2.4%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $12,854 $13,722 $14,644 $17,101
Monthly $1,071 $1,143 $1,220 $1,425
Property Value in 2024
$292,697
Loan Balance
$0
Disposition Fees
-$10,244

Sale Proceeds
$282,452
Year 1 Pro-Forma Assumptions
Rent Growth
3.0%
Income
Rent
$21,715
Vacancy Factor
-$1,086

Expected Rent
$20,629
Expenses
Property Taxes
-$2,900
Property Management
-$1,650
Leasing Fees
-$516
HOA Fees
-$600
Insurance
-$974
Repairs & Maint. (Reserve)
-$619
Operating Expenses
-$7,259

Net Operating Income
$13,370
Capital Expenditures (Reserve)
-$516

Total Unlevered Cash Flow
$12,854
Mortgage
-$0

Total Net Cash Flow
$12,854
Year 1 Year 5 Year 10
Expected Rent $20,629
$1,719/mo
$23,219
$1,935/mo
$26,917
$2,243/mo
Property Taxes -$2,900
-$3,188
-$3,674
R&M (Reserve) -$619
-$697
-$808
Other Expenses
Except taxes + R&M
-$3,741
-$4,109
-$4,661
Net Operating Income $13,370
$1,114/mo
$15,225
$1,269/mo
$17,774
$1,481/mo
Cap Ex (Reserve) -$516
-$580
-$673
Total Unlevered CF $12,854
$14,644
$17,101
Loan Payment $0
$0
$0
Total Net Cash Flow $12,854
$1,071/mo
$14,644
$1,220/mo
$17,101
$1,425/mo

Net Cash Flow

Overall Financial Pro Forma
Initial Year Year 1 Year 2 Year 3 Year 4 Year 5
Revenue
Expected Rent $20,629 $21,248 $21,886 $22,542 $23,219
Expenses
Net Operating Income $13,370 $13,812 $14,269 $14,739 $15,225
Return
Levered Cash Flow $12,854 $13,281 $13,722 $14,176 $14,644
Property Purchase And Sale
Net Purchase / Sale Proceeds -$263,900 $282,452
Financing
Debt Service Cash Flow -$260,000 $0 $0 $0 $0 $0