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$372,500
2611 Golfview Terrace Southeast, Conyers, Georgia 30013, USA, GA
6
Bedrooms
4
Bathrooms
0
sq ft
1979
Year Built
Multi Family
Property Type
About This Home
Perfect for investors! This brick duplex features two 3 bed / 1.5 bath units, each with a fireside living room and updated kitchens. Current rents are $1,160 and $1,602 per month, producing a gross annual income of $33,144. With a 6.5% interest rate, 16% expenses, and 20% down, it offers an estimated NOI of $27,845, an approximate cap rate of 7.4%, and annual cash flow around $4,935 after debt service. Pro Rata Potential: If both units were rented at $1,600, the NOI increases to $32,241, improving the cap rate to 8.5% and raising annual cash flow to about $9,350 making it a fantastic opportunity for strong investor returns!
Location
2611 Golfview Terrace Southeast, Conyers, Georgia 30013, USA, GA
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Listing Agent
Avg Price Sold$464.9K
Years Experience17
Total Transactions3188
