8415 Cleckler Rd
Palmetto, GA 30268
List Price
$152,500
Initial Investment
$42,253Purchase Price
$149,000
Down Payment
25%
Rent
$1,470
Total Return
$79,620
Annualized Return
24.8%
Cap Rate
7.0%
Gross Yield
11.8%
Cash Flow
$1,678
Appreciation
8.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
08/24/2018
Lease End
08/31/2020
Lot Size
42,458
HOA
None
Flood Risk
Not Required
- Large 3 bedrooms, 2 bathrooms, 2,086 sq. ft in a desirable 3-star neighborhood
- Newly leased home with two-year lease starting August 24
- Newly renovated with $15K invested in property
- New carpet, paint, HVAC system, refrigerator
- Desirable neighborhood with solid schools in strong rental market
- Just minutes off I-85
- Inspection report immediate repair items of $1,650 fully addressed as of 8/21
See more in Analysis
Annual Financial Highlights
Expected Rent
$16,758Expenses
-$4,480Property Taxes
-$2,500Loan Payments
-$8,100Net Cash Flow
$1,678See more in Financials
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