3904 Welham Green Ct

Douglasville, GA 30135
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3 bd, 2 ba | 1,234 sqft | Built in 1992

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List Price
$147,500

Initial Investment

$42,058

Purchase Price

$147,000

Down Payment

25%

Rent

$1,195

Total Return

$100,564

Annualized Return

28.0%

Cap Rate

6.1%

Gross Yield

9.8%

Cash Flow

$276

Appreciation

11.2%
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Features

Occupancy

Vacant

Lot Size

29,620

HOA

None

Flood Risk

Not Required

  • Move-in ready and well maintained home perfectly located off Chapel Hill Rd in a private cul de sac on a large lot
  • Attractive 6.2% cap rate in a 4-star neighborhood
  • Freshly painted with a huge downstairs den and large back deck overlooking a private, wooded backyard
  • Listed on MLS 1/13/2019

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Matt Thomas
Roofstock LLC

Annual Financial Highlights

Expected Rent

$13,623

Expenses

-$3,455

Property Taxes

-$1,900

Loan Payments

-$7,992

Net Cash Flow

$276

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:Eric Rubin
Virtual Properties Realty .Net
Certified Agent Brokerage:Matt Thomas
Roofstock LLC
SourceGeorgia MLS
MLS #8508564
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