5840 Crest Oak Way Cumming, GA 30028
4bd, 2.5ba | 2,290sqft | Built in 2013
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Initial Investment
$258,724
List Price: $254,900
Purchase Price
$254,900
Down Payment
100%
Rent
$1,810

Total Return
$86,947
Annualized Return
6.5%
Cap Rate
5.3%
Gross Yield
8.5%
Cash Flow
$12,870
Appreciation
2.4%
Features
Occupancy
Occupied
Lease Start
05/22/2017 
Lease End
05/25/2020 
Lot Size
9,148 
HOA
$50/mo
Flood Risk
Not Required
  • Located in the Glenn Ivey community, which offers a pool and clubhouse for residents
  • Just minutes from parks, the freeway, Lake Lanier, and top-rated schools
  • Kitchen with granite countertops and stainless steel appliances
  • Leased through 2020

Annual Financial Highlight
Expected Rent
$20,629
Expenses
-$4,860
Property Taxes
-$2,900
Loan Payments
$0

Net Cash Flow
$12,870
Considerations
Property Characteristics    View Details


Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector’s findings or cancel the contract. If any prior inspection reports are available, you’ll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You’ll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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