2157 S Flat Rock Rd Douglasville, GA 30134
3bd, 2ba | 1,514sqft | Built in 1986
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Initial Investment
$151,153
List Price: $143,500
Purchase Price
$143,500
Down Payment
100%
Rent
$1,200

Total Return
$50,563
Annualized Return
6.6%
Cap Rate
6.5%
Gross Yield
10.0%
Cash Flow
$8,602
Appreciation
2.4%
Features
Roofstock Certified
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

Annual Financial Highlight
Expected Rent
$13,680
Expenses
-$3,278
Property Taxes
-$1,800
Loan Payments
$0

Net Cash Flow
$8,602
Considerations
Property Characteristics    View Details

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  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

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