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225 Colser Drive
Covington, Georgia - 3 Bedroom / 2.5 Bathroom / 1549 SQFT / Single Family
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Wholesale Price: Only
77400
Est. Replacement 170390
Price / SQFT
$50
Est. Replacement /SQFT 110
  Monthly Annually
Est. Rental Income 975 11700
Property Taxes 115 1380
HOA Fees 34 408
Hazard Insurance 50 600
Management Fee 59 702
Cash Flow 717 8604
Est. Net Yield
11%

225 Colser is in a large, popular, swim-tennis community in Covington GA. The property was constructed in 2007 and sold for $129k with a pre-construction discount. Similar homes in this neighborhood sold for $160-$180k at the peak of the Market. The neighborhood is 30 miles East of Atlanta. The distance from the city leads to slightly slower lease out times but the size of the home and the neighborhood amenities lead to longer term family tenants.


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