Lithia Springs, GA 30122
Lithia Springs, GA 30122
6.8%
Year 1 Cap Rate$277,996
10 yr cash flow10.84%
10 yr IRRNiche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
Lithia Springs, 30122
Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
---|---|---|---|---|---|
Rental revenue | $20,400 | $21,114 | $21,853 | $23,409 | $27,803 |
Vacancy & Collection Loss | ($1,020) | ($1,056) | ($1,093) | ($1,170) | ($1,390) |
Operating revenues | $19,380 | $20,058 | $20,760 | $22,239 | $26,413 |
Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
HOA fees | ($303) | ($312) | ($321) | ($341) | ($395) |
Insurance | ($1,390) | ($1,432) | ($1,475) | ($1,565) | ($1,814) |
Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
Leasing Fee | ($340) | ($352) | ($364) | ($390) | ($463) |
Property management | ($1,020) | ($1,020) | ($1,038) | ($1,112) | ($1,321) |
Real estate taxes | ($2,991) | ($3,066) | ($3,157) | ($3,350) | ($3,883) |
Repairs and maintenance | ($1,020) | ($1,056) | ($1,093) | ($1,170) | ($1,390) |
Operating expenses | ($7,064) | ($7,238) | ($7,448) | ($7,928) | ($9,266) |
Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
Operating revenues | $19,380 | $20,058 | $20,760 | $22,239 | $26,413 |
Operating expenses | ($7,064) | ($7,238) | ($7,448) | ($7,928) | ($9,266) |
Net Operating Income | $12,316 | $12,820 | $13,312 | $14,311 | $17,147 |
Cap Rate | 6.8% | 7.1% | 7.4% | 8.0% | 9.5% |
Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
SHARE management | ($1,364) | ($1,404) | ($1,447) | ($1,535) | ($1,779) |
Mortgage payments | $0 | $0 | $0 | $0 | $0 |
Other income & expenses | ($1,364) | ($1,404) | ($1,447) | ($1,535) | ($1,779) |
Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
Cash flow | $10,952 | $11,416 | $11,865 | $12,776 | $15,368 |
Cash yield | 5.5% | 5.7% | 6.0% | 6.4% | 7.7% |
Down payment | ($180,000) | |||
---|---|---|---|---|
Title insurance | ($2,700) | |||
Debt costs | ||||
Acquisition fee | ($7,500) | |||
Home Buyer Inspection | ($1,000) | |||
Leasing Fee | ($2,550) | |||
Reserves | ($3,500) | |||
Stabilization costs | ($1,556) | |||
Total | ($198,806) |
Estimated sale price | $356,717 | |||
---|---|---|---|---|
Disposition fee | ($3,567) | |||
Other disposition costs | ($7,134) | |||
Year 10 mortgage balance | ($0) | |||
Total | $346,015 |