1661 Fresno Street

Valdosta, GA 31602
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3 bd, 2 ba | 1,309 sqft | Built in 2003

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List Price
$95,000

Initial Investment

$24,389

Purchase Price

$89,500

Down Payment

25%

Rent

$750

Total Return

$30,517

Annualized Return

18.0%

Cap Rate

6.2%

Gross Yield

10.1%

Cash Flow

$296

Appreciation

5.8%
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Features

Occupancy

Occupied

Lease Start

04/09/2020

Lease End

04/30/2022

Lot Size

5,227

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,389

Property Taxes

-$1,000

Loan Payments

-$4,866

Net Cash Flow

$296

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