1 Logwood Ln

Newnan, GA 30265
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3 bd, 3 ba | 1,876 sqft | Built in 1976

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List Price
$189,999

Initial Investment

$49,545

Purchase Price

$174,477

Down Payment

25%

Rent

$1,550

Total Return

$80,758

Annualized Return

22.4%

Cap Rate

6.9%

Gross Yield

10.7%

Cash Flow

$1,763

Appreciation

7.3%
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Features

Occupancy

Vacant

Lot Size

1,875

HOA

None

Flood Risk

Not Required

  • Seller claims move-in-ready
  • Freshly carpeted and painted
  • Large backyard deck for entertaining
  • Listed on the MLS on 3/18/19

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Matt Thomas
Roofstock LLC

Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$4,421

Property Taxes

-$2,000

Loan Payments

-$9,485

Net Cash Flow

$1,763

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Shade Cannie
KELLER WILLIAMS REALTY AME
Certified Agent Brokerage:Matt Thomas
Roofstock LLC
SourceGeorgia MLS
MLS #8545768
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