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$367,376

For Sale - Active
23 Cobalt Lane 75, Newnan, GA 30265
3 Beds
0 Baths
1,919 Square Feet
0.00 Acres Lot
Built in 2025
For Sale - Active
Units n/a
Checked: 9 hours ago
Updated: Jun 24, 2025 at 03:27AM

Investment Summary


Monthly Cash Flow
n/a
Cap Rate
n/a
Cash-on-Cash Return
n/a
Debt Coverage Ratio
n/a
Internal Rate of Return (5 years)
n/a

Property Description


0.00 Acres Lot
Built in 2025
For Sale - Active
Units n/a

4.99% FIXED RATE FINANCING OR $20,000 ANY WAY YOU WANT IT! END UNIT!! The Eaves is a beautiful three-story floorplan that features 3 bedrooms, 3.5 baths, 42" white kitchen cabinets, upgraded tile backsplash, Iced White quartz countertops, under cabinet lighting, oversized island, and stainless steel appliances. The entire main floor is very open and spacious, and the family room includes a beautiful linear fireplace WITH A 55" TV! Huge covered deck with privacy panels is perfect for entertaining or enjoying a quiet evening at home and listening to the rain. Luxury vinyl plank runs throughout the main living areas. Spacious owner's bath has separate water closet, large shower, lighted mirror and recessed lights. 2" faux blinds are included, and a 2 car garage is attached!! This low maintenance home means more time for an active lifestyle which includes superb walkability to shopping and dining. And we are literally adjacent to the wonderful LINC Trail that runs throughout Newnan. Enjoy a fun game of pickleball with your neighbors before walking to dinner at one of the nearby restaurants. ASK US ABOUT OUR 100% FINANCING OPTION. Don't miss out on this exceptional value!! Seller $20,000 contribution is with Seller's preferred lender. This listing shows photos of the model home which is the same floorplan.

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Location


Property Details


Parking

  • Details: Garage, Garage Door Opener
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

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

Interior Features

  • # of Stories: 3
  • Basement Description: None

Exterior Features

  • Foundation: Slab
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • HOA Fee: $1,740/annually

Land Information

  • Land Use: Residential

Lot Information

  • Parcel ID: W02009
  • Lot Size: 0 sqft

Property Information

  • Property Type: Townhouse
  • Style: Traditional
  • Year Built: 2025

Tax Information

  • Annual Tax: $4,401

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned

Location

  • County: Coweta

Listing Details


Listed by:
Rebecca B Huffstetler
KM Homes Realty
(678) 321-2000

Source:
Georgia MLS
MLS#: 10484336
Georgia MLS

Investment Summary


Monthly Cash Flow
n/a
Cap Rate
n/a
Cash-on-Cash Return
n/a
Debt Coverage Ratio
n/a
Internal Rate of Return (5 years)
n/a

Purchase Details

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Purchase price:
$367,376
Amount financed:
-$293,901
Down payment:
$73,475
Closing costs:
$11,021
Rehab costs:
$0
Initial cash invested:
$84,496
Square feet:
1,919
Cost per square foot:
$191
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$293,901
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,882
Property tax:
$367
Insurance:
n/a
Private mortgage insurance (PMI):
$0
Monthly payment:
n/a

Operating Income

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% Rent Monthly Yearly
Gross rent:
n/a n/a
Vacancy loss: (6%)
6% n/a n/a
Operating income:
n/a n/a

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/a-$367-$4,401
Insurance: (n/a)
n/an/an/a
Property management: (n/a)
n/an/an/a
Repairs & maintenance: (n/a)
n/an/an/a
Capital expenditures: (n/a)
n/an/an/a
HOA fees: (n/a)
n/a-$145-$1,740
Total operating expenses: (n/a)
n/an/an/a

Cash Flow


Monthly Yearly
Net operating income:
n/a n/a
Mortgage payments:
-$1,882 -$22,584
Cash flow:
n/a n/a