2157 S Flat Rock Rd

Douglasville, GA 30134
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3 bd, 2 ba | 1,514 sqft | Built in 1986

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List Price
$139,000

Initial Investment

$43,241

Purchase Price

$138,500

Down Payment

25%

Rent

$1,200

Total Return

$92,816

Annualized Return

26.5%

Cap Rate

6.6%

Gross Yield

10.4%

Cash Flow

$957

Appreciation

11.0%
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Features

Occupancy

Occupied

Lease Start

03/30/2019

Lease End

03/31/2021

Lot Size

30,056

HOA

None

Flood Risk

Not Required

  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirements
  • Seller will provide a 1 year home warranty
  • Attractive 10% gross yield, 6.6% annualized return, 6.5% cap rate for a home in desirable Atlanta 3.5-star neighborhood
  • 3-bed 2-bath 1,514 sq ft single-family home near above-average elementary, middle, and high schools
  • With over $18,000 in renovation invested, this home features new windows, new water heater, new appliances, and fresh paint

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,540

Property Taxes

-$1,653

Loan Payments

-$7,530

Net Cash Flow

$957

See more in Financials

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