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Stone Mountain, GA 30083
  • 3 Beds
  • 2 Baths
  • 1,454 Sq. Ft
  • Built In 1962
Sold
$93,000

 Current Rent

$850 /mo
  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant

Financial Performance

Gross Yield

10.97%

based on an annual rent of $10,200.00 divided by the offer price of $93,000.00.

Net Yield

5.69%

based on a yearly adjusted income of $9,455.40 minus the total annual expense of $4,160.47 divided by the offer price of $93,000.00.

Cash Flow

$5,295

based on a yearly adjusted income of $9,455.40 minus the total annual expense of $4,160.47 and yearly mortgage expense.

Home Details

3 Bedroom, 2 bathroom single family home, 1454 s.f. built in 1962, current lease $850/month, expires November 2016. Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Cash or Cash equivalent, curb offers only, do not disturb tenants. Offers must be submitted directly to InvestabilityOffers@altisource.com.
Features

  • listed date Listed Date: May 6, 2016
  • year built Year built: 1962
  • square footage SqFt: 1,454
  • price per square foot Price/SqFt: $64
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • property type Type:   Single Family
  • county County: Dekalb
Stone Mountain, GA 30083
  • 3 Beds
  • 2 Baths
  • 1,454 Sq. Ft
  • Built In 1962
Sold
$93,000

 Current Rent

$850 /mo

  • Currently Cash-Flowing
  • • Institutionally Renovated and Maintained
  • • Professionally Screened Tenant
Gross Yield

10.97%

based on an annual rent of $10,200.00 divided by the offer price of $93,000.00.

Net Yield

5.69%

based on a yearly adjusted income of $9,455.40 minus the total annual expense of $4,160.47 divided by the offer price of $93,000.00.

Cash Flow

$5,295

based on a yearly adjusted income of $9,455.40 minus the total annual expense of $4,160.47 and yearly mortgage expense.

Home Details

3 Bedroom, 2 bathroom single family home, 1454 s.f. built in 1962, current lease $850/month, expires November 2016. Listing Broker and Seller assume no responsibility and make no guarantees, representations, warranties (express, implied or otherwise) as to the availability or accuracy of information contained herein. Cash or Cash equivalent, curb offers only, do not disturb tenants. Offers must be submitted directly to InvestabilityOffers@altisource.com.
Features

  • listed date Listed Date: May 6, 2016
  • property type Type:   Single Family
  • year built Year built: 1962
  • square footage SqFt: 1,454
  • price per square foot Price/SqFt: $64
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • county County: Dekalb
Documents

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