5616 Baffin Rd Atlanta, GA 30349
4bd, 2.5ba | 3,117sqft | Built in 2005
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Initial Investment
$239,685
List Price: $235,000
Purchase Price
$235,000
Down Payment
100%
Rent
$1,795

Total Return
$81,482
Annualized Return
6.6%
Cap Rate
5.5%
Gross Yield
9.2%
Cash Flow
$12,350
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
05/08/2018 
Lease End
05/31/2020 
Lot Size
11,121 
HOA
None
Flood Risk
Not Required
  • Attractive, newer property built in 2005 with 4 BR and 2.5 BA
  • Desirable 4.5-star neighborhood with school scores of 7,3,6
  • 25 minute drive to downtown Atlanta
  • Annual average appreciation over the past 20 years in this area was 2.4% (according to Zillow)

Annual Financial Highlight
Expected Rent
$20,463
Expenses
-$4,395
Property Taxes
-$3,718
Loan Payments
$0

Net Cash Flow
$12,350
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

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.