497 Lakeshore Dr Stockbridge, GA 30281
3bd, 2ba | 1,672sqft | Built in 1986
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Initial Investment
$159,844
List Price: $154,900
Purchase Price
$154,900
Down Payment
100%
Rent
$1,250

Total Return
$54,321
Annualized Return
6.6%
Cap Rate
5.9%
Gross Yield
9.7%
Cash Flow
$8,607
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
87,120 
HOA
None
Flood Risk
Not Required
  • Recent price reduction
  • Seller claims move-in-ready
  • Roof is 5 years old
  • Conveniently located 35 minutes from Downtown Atlanta
  • Listed on MLS 10.15.2019

Annual Financial Highlight
Expected Rent
$14,250
Expenses
-$3,243
Property Taxes
-$2,400
Loan Payments
$0

Net Cash Flow
$8,607
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: Ashley Mullinax, Crowe Realty
Listing Source: MLS #8546830 details provided by Georgia MLS. Information deemed reliable but not guaranteed. Copyright 2019 Georgia MLS. All rights reserved. Data is refreshed every 30 minutes.
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