105 Thrasher Way Covington, GA 30014
3bd, 2.5ba | 2,247sqft | Built in 2007
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Initial Investment
$42,348
List Price: $149,900
Purchase Price
$149,900
Down Payment
25%
Rent
$1,450

Total Return
$32,043
Annualized Return
13.1%
Cap Rate
6.9%
Gross Yield
11.6%
Cash Flow
$2,344
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Vacant
Lease Start
Lease End
Lot Size
13,504 
HOA
$60/mo
Flood Risk
Not Required
  • Built in 2007, this 3-bed, 2.5 bath home is in a family-oriented subdivision, on a cul-de-sac lot
  • Community includes pool, tennis, and clubhouse
  • Attractive 3.5 neighborhood and 6.9 cap rate
  • Purchase comes with Roofstock Money Back Guarantee
  • Minimal cost to become rent-ready, easily executed by Roofstock's property management partners

Annual Financial Highlight
Expected Rent
$16,530
Expenses
-$4,637
Property Taxes
-$2,100
Loan Payments
-$7,450

Net Cash Flow
$2,344
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: Pamela Saunders, ERA TOWNE SQUARE REALTY INC Pamela,Saunders
Listing Source: MLS #8389608 details provided by Georgia MLS. Information deemed reliable but not guaranteed. Copyright 2018 Georgia MLS. All rights reserved. Data is refreshed every 30 minutes.
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