4460 Old Fairburn Atlanta, GA 30349
3bd, 2ba | 1,224sqft | Built in 1984
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Initial Investment
$115,594
List Price: $112,900
Purchase Price
$112,900
Down Payment
100%
Rent
$1,145

Total Return
$49,699
Annualized Return
8.4%
Cap Rate
7.7%
Gross Yield
12.2%
Cash Flow
$8,005
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
43,560 
HOA
None
Flood Risk
Not Required
  • Recently renovated ranch style home on a 1 acre lot
  • New roof, flooring, bathrooms, HVAC, and water heater
  • Very attractive 7.7% cap rate and 12.2% gross yield
  • Newly paved driveway, updated kitchen
  • Located in a 4.5-star neighborhood and only 24 minutes away from downtown Atlanta
  • Listed on MLS 10/22/2018

Annual Financial Highlight
Expected Rent
$13,053
Expenses
-$3,348
Property Taxes
-$1,700
Loan Payments
$0

Net Cash Flow
$8,005
Considerations
Property Characteristics    View Details



Buyer's Agent
An experienced local broker will represent and assist you throughout the transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact them with questions even before making an offer.
  • Plus, a professional home inspection will be conducted during closing, paid for by Roofstock. As soon as the inspection report is ready, your Buyer’s Agent will discuss the findings with you and help with any next steps.
  • There is no additional cost to having a Buyer’s Agent as their fees will be paid by the seller.

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.

Listed By: Andreina Canache, Virtual Properties Realty.com
Listing Source: MLS #8473525 details provided by Georgia MLS. Information deemed reliable but not guaranteed. Copyright 2019 Georgia MLS. All rights reserved. Data is refreshed every 30 minutes.