5118 Millard Ct

Stone Mountain, GA 30088
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5 bd, 3.5 ba | 1,792 sqft | Built in 1975

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List Price
$135,000

Initial Investment

$36,344

Purchase Price

$130,000

Down Payment

25%

Rent

$1,195

Total Return

$94,370

Annualized Return

29.7%

Cap Rate

6.4%

Gross Yield

11.0%

Cash Flow

$525

Appreciation

11.5%
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Features

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

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Annual Financial Highlights

Expected Rent

$13,623

Expenses

-$3,731

Property Taxes

-$2,300

Loan Payments

-$7,067

Net Cash Flow

$525

See more in Financials

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