94 Steven St

Richmond Hill, GA 31324
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4 bd, 2 ba | 1,671 sqft | Built in 2000

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List Price
$279,000

Initial Investment

$74,338

Purchase Price

$272,800

Down Payment

25%

Rent

$1,650

Total Return

$35,577

Annualized Return

7.3%

Cap Rate

3.8%

Gross Yield

7.3%

Cash Flow

-$5,291

Appreciation

4.2%
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Features

Occupancy

Occupied

Lease Start

06/01/2021

Lease End

05/31/2023

Lot Size

12,197

HOA

$2/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$18,810

Expenses

-$6,370

Property Taxes

-$2,900

Loan Payments

-$14,831

Net Cash Flow

-$5,291

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