Investing in real estate can be a lucrative opportunity, and this spacious five-bedroom home presents a compelling case for potential investors. With a cash on cash return of 7.3% and a cap rate of 8.4%, the financial metrics indicate a strong potential for profitability. The property is located conveniently near I95, shopping, and schools, making it attractive for renters. However, investors should also consider the ongoing costs, including a monthly total payment of $1,831, which could impact cash flow. Overall, this property offers a blend of space, affordability, and location that could appeal to both families and investors alike.
| Property Detail Name | Property Detail Value |
|---|---|
| Address | 105 Greentree Cir, Kingsland, GA 31548 |
| Property Type | Single Family |
| Price | $299,900 |
| Price Change | $0 |
| Tax Assessed Value | $215,070 |
| Non Owner Occupied? | Yes |
| Pre Foreclosure Auction | No |
| Bedrooms | 5.0 |
| Bathrooms | 3.0 |
| Living Area | 2,007.0 |
| Lot Area | 0.45 |
| Lot Area Unit | ACRES |
| Year Built | 1991 |
In conclusion, this property presents a unique opportunity for investors looking for a spacious home with strong financial metrics. The attractive cash flow and cap rate suggest that it could be a profitable addition to any real estate portfolio. However, potential investors should remain cautious of the ongoing costs and market conditions that could impact profitability. Balancing the positive aspects with the potential risks will be crucial in making an informed decision. If you're ready to explore this investment further, don't hesitate to schedule a showing today!
| Financial Metric Name | Financial Metric Value |
|---|---|
| Cash on Cash Return | 7.3% |
| Monthly Rent | $2,196 |
| Net Operating Income | $2,106 |
| Cap Rate | 8.4% |
| Monthly Cash Flow | $365 |
| Gross Rent Multiplier | 11.4 |
| Debt Service Coverage Ratio | 1.4 |
| Principal and Interest | $1,501 |
| Tax | $240 |
| HOA Fees | $0 |
| Insurance | $90 |
| Total Payment | $1,831 |