Mount Airy Lawton Place: 136 7th Street, Mount Airy GA 30563

136 7th Street, Mount Airy, GA 30563

Singlefamily: 6 bedrooms , 6 bathrooms

Year built: 1885, Size: 4480 SF

Investment strategy: Rental Property

Purchase Price$ 375,000

Rent$ 2,000/mo

Monthly Cash Flow$ -337

Cash on Cash Return-3.94 %

Financial Analysis

Cash on Cash Return	-3.94 %
Internal Rate of Return (IRR)	8.77 %
Capitalization Rate	3.20 %
Gross Rent Multiplier (GRM)	15.63
Debt-coverage Ratio (DCR)	0.75
Operating Expense Ratio (OER)	50.00 %

Financial Breakdown

Purchase Price	$ 375,000
Purchase Costs	$ 5,000
Repair/Construction Costs	$ 2,500
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 382,500
Financing	$ 280,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 102,500
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 70,000
Cash During Rehab Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction. Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction.	$ 32,500

Operating Analysis

Rent	$ 2,000/mo
Gross Operating Income (GOI)	$ 24,000
Total Expenses	$ 12,000
Net Operating Income (NOI)	$ 12,000
Annual Debt Service	$ 16,041
Cash Flow Before Taxes (CFBT)	$ -4,041
Income Tax Liability	$ -2,505
Cash Flow After Taxes (CFAT)	$ -1,536

Historic Lawton Place Manor

Purchase Price	$ 375,000
Address	136 7th Street , Mount Airy, 30563, GA
Year Built	1885
Type	Singlefamily
Size	4480 SF
Bedrooms	6
Bathrooms	6

Annual Property Operating Data

Incomes		% of GOI
Gross Scheduled Income Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents. Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents.	$ 24,000
	$ 0
Total Gross Income	$ 24,000
Vacancy loss Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants. Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants.	$ 0
Gross Operating Income Gross Operating Income (GOI) An actual income which is expected to be collected in the property. Gross Operating Income (GOI) An actual income which is expected to be collected in the property.	$ 24,000	100.00 %
Expenses Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation). Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation).
50% rule	$ 12,000	50.00 %
Total Expenses	$ 12,000	50.00 %
Net Operating Income Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses. Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses.	$ 12,000	50.00 %

Cash Flow (Year 1)

Net Operating Income	$ 12,000	50.00 %
Annual Debt Service	$ 16,041	66.84 %
Cash Flow Before Taxes (CFBT) Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -4,041	-16.84 %
Income Tax Liability	$ -2,505	-10.44 %
Cash Flow After Taxes (CFAT) Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -1,536	-6.40 %

Operating Ratios

Operating Expense Ratio Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI). Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI).	50.00 %
Break-Even Ratio Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less. Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less.	116.84 %

Year	0	1	2	3	4	5	6	7	8	9	10
Operational Analysis
Gross Scheduled Income	0	24,000	24,480	24,970	25,469	25,978	26,498	27,028	27,568	28,120	28,682
Vacancy Loss	0	0	0	0	0	0	0	0	0	0	0
Gross Operating Income	0	24,000	24,480	24,970	25,469	25,978	26,498	27,028	27,568	28,120	28,682
Expenses	0	12,000	12,240	12,485	12,735	12,989	13,249	13,514	13,784	14,060	14,341
Net Operating Income	0	12,000	12,240	12,485	12,734	12,989	13,249	13,514	13,784	14,060	14,341
Loan Payment	0	16,041	16,041	16,041	16,041	16,041	16,041	16,041	16,041	16,041	16,041
Payment Interest Part	0	11,110	10,909	10,700	10,483	10,256	10,021	9,775	9,520	9,254	8,978
Payment Principal Part	0	4,931	5,132	5,341	5,558	5,785	6,021	6,266	6,521	6,787	7,063
Cash Flow
Repairs/Construction	2,500	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-102,500	-4,041	-3,801	-3,556	-3,307	-3,052	-2,792	-2,527	-2,257	-1,981	-1,700
Depreciation	0	10,909	10,909	10,909	10,909	10,909	10,909	10,909	10,909	10,909	10,909
Taxes	0	-2,505	-2,395	-2,281	-2,164	-2,044	-1,920	-1,793	-1,661	-1,526	-1,386
Cash Flow After Taxes	-102,500	-1,536	-1,407	-1,275	-1,142	-1,008	-872	-735	-596	-455	-314

Note: All amounts in the table above are in $

Property Report :

Mount Airy Lawton Place

136 7th Street, Mount Airy, GA 30563

Executive Summary

136 7th Street, Mount Airy, GA 30563

Financial Analysis

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Cash at Closing

Cash at Closing

Cash During Rehab

Cash During Rehab

Operating Analysis

Property Description

Operating Analysis

Annual Property Operating Data

Gross Scheduled Income (GSI)

Gross Scheduled Income (GSI)

Vacancy and Credit Loss

Vacancy and Credit Loss

Gross Operating Income (GOI)

Gross Operating Income (GOI)

Operating Expenses

Operating Expenses

Net Operating Income (NOI)

Net Operating Income (NOI)

Cash Flow (Year 1)

Cash Flow

Cash Flow

Cash Flow

Cash Flow

Operating Ratios

Operating Expense Ratio

Operating Expense Ratio

Break-Even Ratio (BER)

Break-Even Ratio (BER)

Long-term Cash Flow Forecast

Property Report: Mount Airy Lawton Place RENTAL

Property Report :

Mount Airy Lawton Place

136 7th Street, Mount Airy, GA 30563

Executive Summary

136 7th Street, Mount Airy, GA 30563

Financial Analysis

Financial Breakdown

Total Capital Needed

Total Capital Needed

Cash out of Pocket

Cash out of Pocket

Cash at Closing

Cash at Closing

Cash During Rehab

Cash During Rehab

Operating Analysis

Property Description

Operating Analysis

Annual Property Operating Data

Gross Scheduled Income (GSI)

Gross Scheduled Income (GSI)

Vacancy and Credit Loss

Vacancy and Credit Loss

Gross Operating Income (GOI)

Gross Operating Income (GOI)

Operating Expenses

Operating Expenses

Net Operating Income (NOI)

Net Operating Income (NOI)

Cash Flow (Year 1)

Cash Flow

Cash Flow

Cash Flow

Cash Flow

Operating Ratios

Operating Expense Ratio

Operating Expense Ratio

Break-Even Ratio (BER)

Break-Even Ratio (BER)

Long-term Cash Flow Forecast