3563 Walking Stick Way Auburn, GA 30011
4bd, 2.5ba | 2,434sqft | Built in 2013
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Initial Investment
$254,765
List Price: $251,000
Purchase Price
$251,000
Down Payment
100%
Rent
$1,875

Total Return
$88,994
Annualized Return
6.8%
Cap Rate
5.5%
Gross Yield
9.0%
Cash Flow
$13,305
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
07/27/2018 
Lease End
07/29/2019 
Lot Size
6,970 
HOA
$50/mo
Flood Risk
Not Required
  • Historic 1-year appreciation 7.4%
  • Located in the Brookside Crossing community, which offers a pool, park, playground and tennis courts for residents to enjoy
  • The open floor plan is complete with a family room with a fireplace and an eat-in kitchen with an island, beautiful countertops and updated cabinetry
  • Walk-in closet and a private bath with a shower and a garden tub

Annual Financial Highlight
Expected Rent
$21,375
Expenses
-$4,970
Property Taxes
-$3,100
Loan Payments
$0

Net Cash Flow
$13,305
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

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.

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