113 Colonial Rd

Warner Robins, GA 31088
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3 bd, 2.5 ba | 1,800 sqft | Built in 1972

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List Price
$160,000

Initial Investment

$43,600

Purchase Price

$160,000

Down Payment

25%

Rent

$1,640

Total Return

$75,094

Annualized Return

25.3%

Cap Rate

8.7%

Gross Yield

12.3%

Cash Flow

$4,553

Appreciation

5.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,424

HOA

None

Flood Risk

Not Required

Great opportunity for a buyer or an investor looking for a minor fixer-upper! A good lipstick job will make this beauty the perfect home! Note: The previous owner converted the 4th bedroom into a sitting room for the master bedroom. It can easily be converted back to create 4 bedrooms for this home.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Kuttan Lal
Coldwell Banker Access Realty
GA Agent License #389849

Annual Financial Highlights

Expected Rent

$18,696

Expenses

-$3,945

Property Taxes

-$1,500

Loan Payments

-$8,698

Net Cash Flow

$4,553

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Shonia Shaw
Agent License 182560
Provision Realty Inc.
Certified Agent Brokerage:Kuttan Lal
Coldwell Banker Access Realty
GA Brokerage License H77792
SourceGeorgia MLS
MLS #10420265
Last Updated: 11/30/2024 19:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.