506 N Fairfield Dr

Peachtree City, GA 30269
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3 bd, 2 ba | 1,428 sqft | Built in 1993

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List Price
$195,900

Initial Investment

$57,346

Purchase Price

$196,500

Down Payment

25%

Rent

$1,500

Total Return

$62,825

Annualized Return

16.0%

Cap Rate

5.7%

Gross Yield

9.2%

Cash Flow

-$161

Appreciation

6.1%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

11/14/2019

Lot Size

4,791

HOA

None

Flood Risk

Not Required

  • Tenant occupied
  • Tenant is paying 1500/mo until November 14th, 2019
  • Attractive 5 star neighborhood with a strong 5.9% cap rate
  • Listed on MLS 03.22.2019

See more in Analysis
Matt Thomas
Roofstock LLC

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,079

Property Taxes

-$2,500

Loan Payments

-$10,683

Net Cash Flow

-$161

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:Wade Lester
Keller Williams Rlty Atl. Part
Certified Agent Brokerage:Matt Thomas
Roofstock LLC
SourceGeorgia MLS
MLS #8548433
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