7752 Horseshoe Bnd
Lithonia, GA 30058
List Price
$135,000
Initial Investment
$37,210Purchase Price
$135,000
Down Payment
25%
Rent
$1,275
Total Return
$68,245
Annualized Return
23.9%
Cap Rate
6.6%
Gross Yield
11.3%
Cash Flow
$824
Appreciation
8.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
02/23/2019
Lease End
02/29/2020
Lot Size
21,780
HOA
None
Flood Risk
Not Required
- An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirements
- Attractive 6.39% cap rate for a 3.5 star neighborhood
- The property is fully leased as of 2/23 at $1,275, which includes a $25 additional risk fee that enhances income and mitigates against any potential delinquency
- 3-bed 2-bath 1,470 sq ft single-family house with an open, inviting floor plan
- Easy highway access to enjoy all the natural beauty and dining and entertainment options that Atlanta has to offer
- Large block tile flooring and carpet throughout the house. Kitchen features modern appliances and handsome cabinetry
- Property has been renovated with $6.7k recently invested into property, with upgrades in kitchen appliances, exterior paint, and landscaping
See more in Analysis
Annual Financial Highlights
Expected Rent
$14,535Expenses
-$3,832Property Taxes
-$2,539Loan Payments
-$7,339Net Cash Flow
$824See more in Financials
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