288 High Meadows Cir

Grovetown, GA 30813
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3 bd, 2 ba | 1,533 sqft | Built in 2010

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List Price
$176,200

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,375

Total Return

$64,586

Annualized Return

18.2%

Cap Rate

5.9%

Gross Yield

8.9%

Cash Flow

$413

Appreciation

6.0%
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Features

Occupancy

Occupied

Lease Start

08/14/2020

Lease End

08/15/2021

Lot Size

11,761

HOA

$3/mo

Flood Risk

Not Required

  • No immediate repair costs, see inspection report in diligence vault
  • Leased through 8/15/2021
  • 4.5-star neighborhood with above average school scores
  • Community with a pool
  • This is a Roofstock Reserve property, our premier collection of homes owned by Roofstock. Learn more here
  • Free 1-year home warranty through American Home Shield

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$15,675

Expenses

-$3,104

Property Taxes

-$2,100

Loan Payments

-$10,058

Net Cash Flow

$413

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