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4-Bedroom Home in Atlanta
Stone Mountain, GA 30087
4-Bedroom Home in Atlanta
Stone Mountain, GA 30087
5.9%
Year 1 Cap Rate$266,681
10 yr cash flow9.05%
10 yr IRRDetails
- Lot size17,424
- Rentable Sq.Ft1,635
- $/Rentable Sq.Ft$138
- Monthly rent$1,900
- Safety deposit$1,900
- Estimated reserve$7,000
- Lease start2025-08-01
- Lease end2026-07-31
- HOANo
- Flood zoneNo
Why This Deal Works:
✅ 5.3% Year 1 Cap Rate
📈 Estimated 4% Annual Appreciation
💰 Priced at $225,000 — Well Below Atlanta’s $444,400 Avg. (Zillow)
🔧 Renovation Upside in a High-Demand Metro
🏡 Located in an A-Rated Neighborhood
This 4-bed home is a smart investment for those seeking both stability and long-term growth. Just 30 minutes from downtown Atlanta in the desirable suburb of Stone Mountain, it offers access to strong job markets and a high-quality tenant base — all in a peaceful, suburban setting.
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Neighborhood
Niche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
Stone Mountain, 30087
Cost Of Living
Good For Families
Good For Young Professionals
Housing
Jobs
Public Schools
Weather
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Financials
| Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
|---|---|---|---|---|---|
| Rental revenue | $22,800 | $23,712 | $24,660 | $26,673 | $32,452 |
| Vacancy & Collection Loss | ($1,140) | ($1,186) | ($1,233) | ($1,334) | ($1,623) |
| Operating revenues | $21,660 | $22,526 | $23,427 | $25,339 | $30,829 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| HOA fees | ($0) | ($0) | ($0) | ($0) | ($0) |
| Insurance | ($1,182) | ($1,218) | ($1,254) | ($1,331) | ($1,543) |
| Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
| Leasing Fee | ($380) | ($395) | ($411) | ($445) | ($541) |
| Property management | ($1,083) | ($1,126) | ($1,171) | ($1,267) | ($1,541) |
| Real estate taxes | ($4,698) | ($4,792) | ($4,935) | ($5,236) | ($6,070) |
| Repairs and maintenance | ($1,140) | ($1,186) | ($1,233) | ($1,334) | ($1,623) |
| Operating expenses | ($8,483) | ($8,717) | ($9,004) | ($9,613) | ($11,318) |
| Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Operating revenues | $21,660 | $22,526 | $23,427 | $25,339 | $30,829 |
| Operating expenses | ($8,483) | ($8,717) | ($9,004) | ($9,613) | ($11,318) |
| Net Operating Income | $13,177 | $13,809 | $14,423 | $15,726 | $19,511 |
| Cap Rate | 5.9% | 6.1% | 6.4% | 7.0% | 8.7% |
| Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| SHARE management | ($1,133) | ($1,167) | ($1,202) | ($1,276) | ($1,479) |
| Mortgage payments | $0 | $0 | $0 | $0 | $0 |
| Other income & expenses | ($1,133) | ($1,167) | ($1,202) | ($1,276) | ($1,479) |
| Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Cash flow | $12,044 | $12,642 | $13,221 | $14,450 | $18,032 |
| Cash yield | 4.9% | 5.2% | 5.4% | 5.9% | 7.4% |
Acquisition Equity
| Down payment | ($225,000) | |||
|---|---|---|---|---|
| Title insurance | ($3,375) | |||
| Debt costs | ||||
| Acquisition fee | ($7,500) | |||
| Home Buyer Inspection | ($1,000) | |||
| Leasing Fee | ($2,850) | |||
| Reserves | ($3,500) | |||
| Stabilization costs | ($1,468) | |||
| Total | ($244,693) | |||
Disposition Proceeds
| Estimated sale price | $373,707 | |||
|---|---|---|---|---|
| Disposition fee | ($3,737) | |||
| Other disposition costs | ($7,474) | |||
| Year 10 mortgage balance | ($0) | |||
| Total | $362,496 | |||
