5118 Millard Ct Stone Mountain, GA 30088
5bd, 3.5ba | 1,792sqft | Built in 1975
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Initial Investment
$137,944
List Price: $135,000
Purchase Price
$135,000
Down Payment
100%
Rent
$1,195

Total Return
$50,837
Annualized Return
7.2%
Cap Rate
6.4%
Gross Yield
10.6%
Cash Flow
$7,898
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
07/06/2016 
Lease End
07/31/2020 
Lot Size
21,780 
HOA
None
Flood Risk
Not Required
  • Tenant residing since July 2016 and leased through July 2020
  • Two car garage and five bed and three and half bath
  • Refer to inspection report 1 to view repair and replacement work for the home

Annual Financial Highlight
Expected Rent
$13,623
Expenses
-$3,425
Property Taxes
-$2,300
Loan Payments
$0

Net Cash Flow
$7,898
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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