507 3rd St

Bonaire, GA 31005
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4 bd, 2 ba | 1,152 sqft | Built in 1993

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List Price
$187,000

Initial Investment

$50,958

Purchase Price

$187,000

Down Payment

25%

Rent

$1,360

Total Return

$52,005

Annualized Return

15.4%

Cap Rate

6.0%

Gross Yield

8.7%

Cash Flow

$488

Appreciation

4.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,988

HOA

None

Flood Risk

Not Required

Say hello to this Bonaire beauty! Step into this RARE opportunity to own a 4 bedroom, 2 full bathroom home in Veterans School Zone for under $200k! This affordable yet updated home offers many desirable features including an aesthetically pleasing kitchen with granite countertops, luxury vinyl plank flooring throughout the home (NO CARPET), and both bathrooms have beautiful tile showers. Located near restaurants, shopping and Robins Air Force Base, this home provides convenience and comfort for a first-time homeowner or a growing family. You will pay COUNTY TAXES ONLY at this residence saving more money in your pocket each year! Call today to come and see this adorable home that is move-in ready!

See more in Analysis
Kuttan Lal
Coldwell Banker Access Realty
GA Agent License #389849

Annual Financial Highlights

Expected Rent

$15,504

Expenses

-$2,760

Property Taxes

-$2,090

Loan Payments

-$10,166

Net Cash Flow

$488

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:Dexter Gordy
Agent License 420043
Southern Classic Realtors
Certified Agent Brokerage:Kuttan Lal
Coldwell Banker Access Realty
GA Brokerage License H77792
SourceGeorgia MLS
MLS #10416075
Last Updated: 11/20/2024 01:11
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.