4460 Old Fairburn Rd

Atlanta, GA 30349
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3 bd, 2 ba | 1,224 sqft | Built in 1984

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List Price
$112,900

Initial Investment

$29,694

Purchase Price

$105,300

Down Payment

25%

Rent

$1,145

Total Return

$82,643

Annualized Return

32.7%

Cap Rate

7.9%

Gross Yield

13.0%

Cash Flow

$1,990

Appreciation

11.3%
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Features

Occupancy

Vacant

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

See more in Analysis
Matt Thomas
Roofstock LLC

Annual Financial Highlights

Expected Rent

$13,053

Expenses

-$3,638

Property Taxes

-$1,700

Loan Payments

-$5,725

Net Cash Flow

$1,990

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:Andreina Canache
Virtual Properties Realty.com
Certified Agent Brokerage:Matt Thomas
Roofstock LLC
SourceGeorgia MLS
MLS #8473525
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