7458 Spoleto Loop Fairburn, GA 30213
4bd, 2.5ba | 2,045sqft | Built in 2008
Expand
Initial Investment
$48,600
List Price: $160,000
Purchase Price
$160,000
Down Payment
25%
Rent
$1,425

Total Return
$27,852
Annualized Return
10.2%
Cap Rate
6.5%
Gross Yield
10.7%
Cash Flow
$1,985
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Vacant
Lease Start
Lease End
Lot Size
6,647 
HOA
None
Flood Risk
Not Required
  • Built in 2008, this 4-bedroom, 2.5 bath home has upgrades including large kitchen, spacious master bedroom with reading nook and walk-in closet, master bath featuring garden tub and separate shower
  • 30-minute commute to downtown Atlanta; easy access to schools, restaurants, and airport
  • Attractive 3-star neighborhood with a 6.5 cap rate
  • Roofstock's property management partners can easily make this home rent-ready and leased up
  • Listed on MLS September 17, 2018

Annual Financial Highlight
Expected Rent
$16,245
Expenses
-$3,708
Property Taxes
-$2,600
Loan Payments
-$7,952

Net Cash Flow
$1,985
Considerations
Property Characteristics    View Details



Partner Listing
Partner Listings have been curated from thousands of listings by Roofstock’s team of experts – i.e., industry leaders who have experience purchasing thousands of properties across the country. Each Partner Listing has been selected by our team because it constitutes an attractive single-family rental investment opportunity.

We have scrutinized numerous information sources regarding each home and its surrounding neighborhood to choose only those properties that have compelling risk/return characteristics – in other words, relatively high neighborhood scores and yields.

For Partner Listings, we have a local expert who represents you and negotiates on your behalf from offer submission all the way to closing.
  • Curated, strong-yielding properties: We apply sophisticated screening technology and personalized review to identify best-of-breed properties. This is a huge value-add that we provide to buyers at no extra cost. Now you can buy rental properties just like the pros.
  • Inspection contingency: We arrange professional home inspections in a way that is hassle-free for you. Not only that, if an inspection indicates that repairs are needed, we help you to understand how much they will cost and how they will affect the profitability of the rental property. Finally, if you prefer to cancel the purchase based on the results of the inspection, you can do so without incurring any expense whatsoever.
  • Guaranteed rent: You can count on rental income, even without a tenant in place. You also enjoy potential savings of more than $1000 (based on average lease up and monthly management fee for 45 days) since you pay no initial tenant placement cost and monthly management fees.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

Listed By: Crissy Pollard, Providence Realty Group Crissy,Pollard
Listing Source: MLS #8454312 details provided by Georgia MLS. Information deemed reliable but not guaranteed. Copyright 2018 Georgia MLS. All rights reserved. Data is refreshed every 30 minutes.
Similar Properties
investment property - 300 Overland Trl, Temple, GA 30179, Carroll - main image
Sale Pending
$157,100
4bd, 3ba | 1,564sqft | Built in 2005
Property Details: 300 Overland Trl, Temple, GA 30179, Carroll
Current Rent
$1,200
Cap Rate
5.64%
Total Return
$25,631/5 Yr
Neighborhood
300 Overland Trl
Temple, GA 30179
investment property - 5439 Bluegrass Dr, Atlanta, GA 30349, Fulton - main image
Sale Pending
$140,000
3bd, 2.5ba | 1,670sqft | Built in 2007
Property Details: 5439 Bluegrass Dr, Atlanta, GA 30349, Fulton
Market Rent
$1,350
Cap Rate
7.15%
Total Return
$31,373/5 Yr
Neighborhood
5439 Bluegrass Dr
Atlanta, GA 30349
Market Rent
$1,300
Cap Rate
6.48%
Total Return
$30,110/5 Yr
Neighborhood
3321 Forest Brook Xing
Gainesville, GA 30507
investment property - 1421 Logan Patrick Ct, Gastonia, NC 28052, Gaston - main image
$162,000
3bd, 2.5ba | 2,042sqft | Built in 2008
Property Details: 1421 Logan Patrick Ct, Gastonia, NC 28052, Gaston
Current Rent
$1,285
Cap Rate
5.70%
Total Return
$30,133/5 Yr
Neighborhood
1421 Logan Patrick Ct
Gastonia, NC 28052
investment property - 6802 Bridgewood Dr, Austell, GA 30168, Cobb - main image
$187,000
4bd, 2.5ba | 2,164sqft | Built in 2000
Property Details: 6802 Bridgewood Dr, Austell, GA 30168, Cobb
Market Rent
$1,500
Cap Rate
6.10%
Total Return
$31,652/5 Yr
Neighborhood
6802 Bridgewood Dr
Austell, GA 30168
investment property - 3031 Brass Dr, Austell, GA 30106, Cobb - main image
$144,900
4bd, 3ba | 1,437sqft | Built in 1998
Property Details: 3031 Brass Dr, Austell, GA 30106, Cobb
Market Rent
$1,350
Cap Rate
7.26%
Total Return
$30,225/5 Yr
Neighborhood
3031 Brass Dr
Austell, GA 30106
investment property - 224 Valleyview Pl, Salisbury, NC 28144, Rowan - main image
$132,000
3bd, 2ba | 1,740sqft | Built in 1951
Property Details: 224 Valleyview Pl, Salisbury, NC 28144, Rowan
Current Rent
$1,066
Cap Rate
6.23%
Total Return
$26,509/5 Yr
Neighborhood
224 Valleyview Pl
Salisbury, NC 28144
investment property - 105 Thrasher Way, Covington, GA 30014, Newton - main image
$149,900
3bd, 2.5ba | 2,247sqft | Built in 2007
Property Details: 105 Thrasher Way, Covington, GA 30014, Newton
Market Rent
$1,450
Cap Rate
6.92%
Total Return
$32,043/5 Yr
Neighborhood
105 Thrasher Way
Covington, GA 30014
investment property - 1610 Chattahoochee Ct, Atlanta, GA 30349, Clayton - main image
$157,000
3bd, 2.5ba | 2,164sqft | Built in 2006
Property Details: 1610 Chattahoochee Ct, Atlanta, GA 30349, Clayton
Market Rent
$1,300
Cap Rate
5.61%
Total Return
$25,278/5 Yr
Neighborhood
1610 Chattahoochee Ct
Atlanta, GA 30349
Current Rent
$1,325
Cap Rate
5.93%
Total Return
$30,638/5 Yr
Neighborhood
3870 Fairway Dr
Florissant, MO 63033
BESbswy