1820 Bailey Ln

Lithia Springs, GA 30122
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4 bd, 2.5 ba | 2,078 sqft | Built in 2005

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Curb View
List Price
$204,900

Initial Investment

$56,408

Purchase Price

$207,000

Down Payment

25%

Rent

$1,550

Total Return

$130,476

Annualized Return

27.2%

Cap Rate

5.8%

Gross Yield

9.0%

Cash Flow

$6

Appreciation

10.4%
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Features

Occupancy

Vacant

Lot Size

15,246

HOA

$1/mo

Flood Risk

Not Required

  • Charming brick home
  • Freshly painted
  • Conveniently located 22-minutes from downtown Atlanta
  • Listed on the MLS on 5/1/19

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Matt Thomas
Roofstock LLC

Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$4,210

Property Taxes

-$2,200

Loan Payments

-$11,254

Net Cash Flow

$6

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:Angela Barner
Agent License 168417
RE/MAX Unlimited
Certified Agent Brokerage:Matt Thomas
Roofstock LLC
SourceGeorgia MLS
MLS #8574604
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