2091 Wellborn Rd

Lithonia, GA 30058
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3 bd, 2.5 ba | 1,616 sqft | Built in 1975

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List Price
$99,000

Initial Investment

$22,073

Purchase Price

$81,000

Down Payment

25%

Rent

$893

Total Return

$44,509

Annualized Return

26.3%

Cap Rate

7.4%

Gross Yield

13.2%

Cash Flow

$1,118

Appreciation

8.2%
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Features

Occupancy

Occupied

Lease Start

05/01/2017

Lease End

04/30/2019

Lot Size

17,424

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,180

Expenses

-$3,159

Property Taxes

-$1,499

Loan Payments

-$4,404

Net Cash Flow

$1,118

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