Macon, GA · 5 occupied homes
Five 2 and 3 bedroom homes across Macon, all leased and professionally managed. Sold together in one closing.
| Home | Beds / baths | Sq ft | Built | Monthly rent | Lease through | Allocated price |
|---|---|---|---|---|---|---|
| 3066 Somerset Dr Macon |
3 / 1.5 | 1,302 | 1952 | $1,100 | Month to month | $85,982 |
| 2177 Melton Ave Macon |
2 / 1 | 980 | 1955 | $1,005 | May 2027 | $79,695 |
| 5724 Edwina Dr Macon |
3 / 1 | 925 | 1965 | $925 | Aug 2027 | $79,961 |
| 3708 Log Cabin Dr Macon |
3 / 1 | 798 | — | $799 | Mar 2027 | $71,510 |
| 1241 Auburn Dr Macon |
2 / 1 | 756 | 1942 | $750 | Mar 2027 | $68,160 |
| 5 homes | $4,579 | $385,300 |
Taxes and insurance are current figures. A sale may change the tax assessment, and your own landlord policy may differ.
Same price and financing either way. Keep Keystone managing at 8% of rent, or take over management yourself and keep the fee. Self-managed figures do not count your own time or leasing costs.
| Managed | Self-managed | |
|---|---|---|
| Management fee | −$4,177 | $0 |
| Net operating income | $34,677 | $38,854 |
| Cap rate at asking price | 9.0% | 10.1% |
| Cash flow after loan payments | $11,021 | $15,198 |
| Cash-on-cash return | 10.2% | 14.1% |
| DSCR | 1.47 | 1.64 |
Sent after a short confidentiality agreement.