36232 Okefenokee Dr

Folkston, GA 31537
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3 bd, 1 ba | 748 sqft | Built in 1950

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List Price
$80,000

Initial Investment

$23,497

Purchase Price

$80,000

Down Payment

25%

Rent

$860

Total Return

$37,127

Annualized Return

23.3%

Cap Rate

8.6%

Gross Yield

12.9%

Cash Flow

$1,973

Appreciation

6.3%
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Features

Occupancy

Occupied

Lease Start

03/28/2020

Lease End

03/28/2021

Lot Size

28,750

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Below market rent
  • Located in a quiet, wooded neighborhood
  • Within walking distance of Folkston Park and Golf Club

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,804

Expenses

-$2,682

Property Taxes

-$800

Loan Payments

-$4,349

Net Cash Flow

$1,973

See more in Financials

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