186 Longleaf Dr SE Marietta, GA 30060
3bd, 2ba | 1,073sqft | Built in 1962
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Initial Investment
$175,535
List Price: $169,000
Purchase Price
$169,000
Down Payment
100%
Rent
$1,300

Total Return
$59,932
Annualized Return
6.7%
Cap Rate
6.1%
Gross Yield
9.2%
Cash Flow
$9,741
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
9,020 
HOA
None
Flood Risk
Not Required
  • Move-in ready home in desirable Marietta, Cobb County, Georgia
  • Attractive 6.1% cap rate
  • Hardwood floors, new kitchen cabinets, new bathroom downstairs, and freshly painted
  • Private, fenced backyard
  • Conveniently located 24 minutes away from downtown Atlanta
  • Listed on MLS on 12/4/2018

Annual Financial Highlight
Expected Rent
$14,820
Expenses
-$3,309
Property Taxes
-$1,770
Loan Payments
$0

Net Cash Flow
$9,741
Considerations
Property Characteristics    View Details



Buyer's Agent
An experienced local broker will represent and assist you throughout the transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact them with questions even before making an offer.
  • Plus, a professional home inspection will be conducted during closing, paid for by Roofstock. As soon as the inspection report is ready, your Buyer’s Agent will discuss the findings with you and help with any next steps.
  • There is no additional cost to having a Buyer’s Agent as their fees will be paid by the seller.

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: Anita Darcourt, PalmerHouse Properties & Assoc
Listing Source: MLS #8495312 details provided by Georgia MLS. Information deemed reliable but not guaranteed. Copyright 2019 Georgia MLS. All rights reserved. Data is refreshed every 30 minutes.
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