Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$399,900

Under Contract
10 Georgian Oaks Ct, Newnan, GA 30265
4 Beds
0 Baths
2,344 Square Feet
0.00 Acres Lot
Built in 2019
Under Contract
Units n/a
Checked: 7 hours ago
Updated: Jun 19, 2025 at 03:29AM

Investment Summary


Monthly Cash Flow
-$691
Cap Rate
4.2%
Cash-on-Cash Return
-9.0%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.7%

Property Description


0.00 Acres Lot
Built in 2019
Under Contract
Units n/a

Welcome to this beautifully maintained 2,344 sq ft, 4-bedroom, 3.5-bath home situated on a spacious, level lot with a fully fenced backyard. This one-owner home has been lovingly cared for and offers a thoughtful layout perfect for both everyday living and entertaining. The inviting main level features a luxurious primary suite complete with trey ceilings, a large walk-in closet, and a spa-like bathroom offering a double vanity, separate soaking tub, and walk-in shower. A convenient half bath and laundry room are also located on the main level. At the heart of the home is the open-concept kitchen, designed with both style and function in mind. Enjoy stainless steel appliances, a gas stove, tile backsplash, and an island with a built-in sink and seating that flows seamlessly into the living room. Just off the kitchen, you'll find a cozy eat-in area and a separate formal dining room, ideal for hosting family and friends. Upstairs, you'll find three spacious bedrooms and two full bathrooms, offering plenty of space and privacy. One of the bedrooms features its own ensuite bathroom, while the other two share a Jack and Jill bathroom-perfect for family living. There is also ample walk in floored attic storage space upstairs providing plenty of space for seasonal items, hobbies, or organization needs. Plush carpet adds comfort in the upstairs bedrooms and in the primary bedroom. LVP flooring can be found throughout the main living area. Enjoy outdoor living on the back patio overlooking the fenced yard. Additional features include a 2-car garage. This home is a perfect blend of comfort, functionality, and style-ready to welcome its new owners!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Garage
  • Details: Attached, Garage, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 1
  • Basement Description: None
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Fiber cement siding (Hardi-board/Hardi-plank
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • HOA Fee: $400/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: W02410
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Craftsman, Stone Frame
  • Year Built: 2019

Tax Information

  • Annual Tax: $3,472

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Dual

Location

  • County: Coweta

Investment Summary


Monthly Cash Flow
-$691
Cap Rate
4.2%
Cash-on-Cash Return
-9.0%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.7%

Purchase Details

Find an Agent

Purchase price:
$399,900
Amount financed:
-$319,920
Down payment:
$79,980
Closing costs:
$11,997
Rehab costs:
$0
Initial cash invested:
$91,977
Square feet:
2,344
Cost per square foot:
$171
Monthly rent per square foot:
$1.07

Financing Details

Find a Lender

Loan amount:
$319,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$2,094
Property tax:
$289
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,558

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$289-$3,473
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (1%)
1%-$33-$396
Total operating expenses: (38%)
38%-$947-$11,369

Cash Flow


Monthly Yearly
Net operating income:
$1,403 $16,836
Mortgage payments:
-$2,094 -$25,128
Cash flow:
$691 $8,292