2460 Mellville Ave

Decatur, GA 30032
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3 bd, 2 ba | 1,300 sqft | Built in 1940

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List Price
$125,000

Initial Investment

$33,123

Purchase Price

$121,000

Down Payment

25%

Rent

$987

Total Return

$84,598

Annualized Return

28.5%

Cap Rate

5.4%

Gross Yield

9.8%

Cash Flow

-$590

Appreciation

11.7%
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Features

Occupancy

Occupied

Lease Start

05/16/2014

Lease End

05/15/2017

Lot Size

21,780

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,252

Expenses

-$2,893

Property Taxes

-$2,371

Loan Payments

-$6,578

Net Cash Flow

-$590

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