407 Leslie Ct

McDonough, GA 30253
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3 bd, 2 ba | 1,202 sqft | Built in 1993

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List Price
$125,000

Initial Investment

$34,801

Purchase Price

$124,500

Down Payment

25%

Rent

$1,000

Total Return

$65,516

Annualized Return

23.7%

Cap Rate

5.8%

Gross Yield

9.6%

Cash Flow

-$73

Appreciation

9.1%
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Features

Occupancy

Occupied

Lease Start

03/20/2019

Lease End

03/31/2021

Lot Size

12,632

HOA

None

Flood Risk

Not Required

  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirements
  • Attractive 9.6% gross yield and 6% cap rate
  • 3-bed 2-bath 1,202 sq ft single-family home in an established community
  • The house is conveniently located: only 29 miles away from all the dining and entertaining options in downtown Atlanta
  • This home features plush carpet, vinyl flooring, and handsome cabinetry in the kitchen

See more in Analysis

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Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$2,905

Property Taxes

-$1,800

Loan Payments

-$6,768

Net Cash Flow

-$73

See more in Financials

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