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

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
See all photos

$172,000

For Sale - Active
114 Barrington Dr Apt 3, Athens, GA 30605
2 Beds
2 Baths
1,092 Square Feet
0.00 Acres Lot
Built in 1980
For Sale - Active
Units n/a
Checked: 9 hours ago
Updated: Sep 04, 2025 at 06:30PM

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$89
Cap Rate
5.5%
Cash-on-Cash Return
-2.7%
Debt Coverage Ratio
0.90
Internal Rate of Return (5 years)
1.4%

Property Description


0.00 Acres Lot
Built in 1980
For Sale - Active
Units n/a

Spacious and Updated 2BR/2BA Condo in Prime Location! This well-maintained home features large rooms and a functional layout perfect for comfortable living. Recent upgrades include 2025 renovations with new bedroom and bathroom doors, fresh carpet in both bedrooms, new kitchen and living room flooring, a new kitchen faucet, and fresh paint throughout. In 2019, major updates included a new HVAC system and ducts, new toilets, a bathroom faucet, ceiling fans, dishwasher, range, refrigerator, and French doors leading to the deck. Enjoy a move-in ready home with modern finishes and convenient access to shopping, dining, and major highways. Excellent property for owner-occupancy or investment!

Build Your Team


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

Avatar
Avatar
Avatar

Agents

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

Find an Agent
Avatar
Avatar
Avatar

Lenders

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

Find a Lender
Avatar
Avatar
Avatar

Property Managers

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

Find a Property Manager
Avatar
Avatar
Avatar

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: Parking Pad
  • Details: None
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 1
  • Basement Description: None
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Roof Type: Gable or Hip
  • Roof Material: Other

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 241B3B013C
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Brick 4 Side
  • Year Built: 1980

Tax Information

  • Annual Tax: $2,086

Utilities

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

Location

  • County: Clarke

Listing Details


Listed by:
Nedra Hayes
Kinley Realty Co.
(706) 923-8413

Source:
Georgia MLS
MLS#: 10583410
Georgia MLS

Investment Summary


Potential Missing Expenses

We noticed that HOA fees are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$89
Cap Rate
5.5%
Cash-on-Cash Return
-2.7%
Debt Coverage Ratio
0.90
Internal Rate of Return (5 years)
1.4%

Purchase Details

Find an Agent

Purchase price:
$172,000
Amount financed:
-$137,600
Down payment:
$34,400
Closing costs:
$5,160
Rehab costs:
$0
Initial cash invested:
$39,560
Square feet:
1,092
Cost per square foot:
$158
Monthly rent per square foot:
$1.28

Financing Details

Find a Lender

Loan amount:
$137,600
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$881
Property tax:
$174
Insurance:
$98
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,153

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,400 $16,800
Vacancy loss: (6%)
6% -$84 -$1,008
Operating income:
$1,316 $15,792

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$174-$2,086
Insurance: (7%)
7%-$98-$1,176
Property management: (8%)
8%-$112-$1,344
Repairs & maintenance: (5%)
5%-$70-$840
Capital expenditures: (5%)
5%-$70-$840
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (37%)
37%-$524-$6,286

Cash Flow


Monthly Yearly
Net operating income:
$792 $9,504
Mortgage payments:
-$881 -$10,572
Cash flow:
$89 $1,068