Browse Properties
4171 Monarch Dr
Mcdonough, GA 30253
4171 Monarch Dr
Mcdonough, GA 30253
6.7%
Year 1 Cap Rate$309,000
10 yr cash flow8.75%
10 yr IRRDetails
- Lot size11,325
- Rentable Sq.Ft2,238
- $/Rentable Sq.Ft$123
- Monthly rent$2,195
- Safety deposit$2,195
- Estimated reserve$3,500
- Lease start2024-08-01
- Lease end2025-07-31
- HOANo
- Flood zoneNo
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Neighborhood
Niche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
4171 Monarch Dr, Mcdonough, GA 30253
Cost Of Living
Good For Families
Good For Young Professionals
Housing
Jobs
Public Schools
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Financials
| Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
|---|---|---|---|---|---|
| Rental revenue | $26,340 | $27,394 | $28,489 | $30,814 | $37,490 |
| Vacancy & Collection Loss | ($0) | ($1,370) | ($1,424) | ($1,541) | ($1,875) |
| Operating revenues | $26,340 | $26,024 | $27,065 | $29,273 | $35,616 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| HOA fees | ($758) | ($780) | ($804) | ($853) | ($988) |
| Insurance | ($1,744) | ($1,796) | ($1,850) | ($1,963) | ($2,276) |
| Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
| Leasing Fee | ($0) | ($457) | ($475) | ($514) | ($625) |
| Property management | ($0) | ($1,301) | ($1,353) | ($1,464) | ($1,781) |
| Real estate taxes | ($4,692) | ($4,833) | ($4,978) | ($5,281) | ($6,122) |
| Repairs and maintenance | ($659) | ($1,370) | ($1,424) | ($1,541) | ($1,875) |
| Operating expenses | ($7,853) | ($10,537) | ($10,884) | ($11,616) | ($13,667) |
| Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Operating revenues | $26,340 | $26,024 | $27,065 | $29,273 | $35,616 |
| Operating expenses | ($7,853) | ($10,537) | ($10,884) | ($11,616) | ($13,667) |
| Net Operating Income | $18,487 | $15,487 | $16,181 | $17,657 | $21,949 |
| Cap Rate | 6.7% | 5.6% | 5.9% | 6.4% | 8.0% |
| Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| SHARE management | ($1,389) | ($1,430) | ($1,473) | ($1,563) | ($1,812) |
| Mortgage payments | $0 | $0 | $0 | $0 | $0 |
| Other income & expenses | ($1,389) | ($1,430) | ($1,473) | ($1,563) | ($1,812) |
| Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Cash flow | $17,098 | $14,057 | $14,708 | $16,094 | $20,137 |
| Cash yield | 5.8% | 4.8% | 5.0% | 5.4% | 6.8% |
Acquisition Equity
| Down payment | ($275,000) | |||
|---|---|---|---|---|
| Title insurance | ($2,717) | |||
| Debt costs | ||||
| Acquisition fee | ($8,250) | |||
| Home Buyer Inspection | ($935) | |||
| Leasing Fee | ($3,293) | |||
| Reserves | ($3,500) | |||
| Stabilization costs | ($2,224) | |||
| Total | ($295,919) | |||
Disposition Proceeds
| Estimated sale price | $448,780 | |||
|---|---|---|---|---|
| Disposition fee | ($4,488) | |||
| Other disposition costs | ($8,976) | |||
| Year 10 mortgage balance | ($0) | |||
| Total | $435,317 | |||
