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

$485,000

For Sale - Active
81 Canyon View Dr, Newnan, GA 30265
5 Beds
4 Baths
3,586 Square Feet
0.00 Acres Lot
Built in 2013
For Sale - Active
Units n/a
Checked: 16 hours ago
Updated: Sep 19, 2025 at 10:21AM

Investment Summary


Monthly Cash Flow
-$1,030
Cap Rate
3.6%
Cash-on-Cash Return
-11.1%
Debt Coverage Ratio
0.59
Internal Rate of Return (5 years)
-6.7%

Property Description


0.00 Acres Lot
Built in 2013
For Sale - Active
Units n/a

PRICE IMPROVEMENT - $15,000! Combined with today's lower interest rates, this home is an exceptional opportunity you don't want to miss. Picture this: You pull into your extended driveway after a long day, and there's still plenty of space for your friends' cars when they come over for dinner. Step through the front door into a home that just feels right - open, welcoming, and designed for real life. The heart of this home is the kitchen, where Saturday morning pancakes happen around the island, holiday meals bring everyone together, and late-night conversations stretch longer than planned. The main-level guest suite means your parents can visit comfortably, or you finally have that home office you've been dreaming of - away from the daily hustle but still connected to everything. Upstairs, your owner's suite feels like a private sanctuary with its own separate entrance - your personal retreat after busy days. And with all the extra storage, you can actually find what you're looking for (imagine that!). But it's the outdoor living that makes weekends here special. The covered back porch is perfect for crisp fall mornings sipping coffee or hot chocolate, watching the game on Sunday afternoons, or hosting evening gatherings that stretch late into the night. Add in s'mores around the fire pit on cool evenings and having an actual place for all your gear in the oversized shed. The beautifully landscaped yard creates outdoor rooms as inviting as the ones inside. This isn't just another house - it's turnkey living at an incredible value. From your morning coffee routine to hosting the holidays, 81 Canyon View Dr is ready for all the moments that make life wonderful. Your new lifestyle is waiting. Schedule your showing today!

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: Attached, Garage Door Opener, Garage, Kitchen Level
  • Details: Assigned, Parking Pad
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 4
  • # of Baths (Total): 4.0

Interior Features

  • # of Stories: 2
  • 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: $500/annually

Land Information

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

Lot Information

  • Parcel ID: 0985052082
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Brick Front, Craftsman
  • Year Built: 2013

Tax Information

  • Annual Tax: $4,398

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Coweta

Listing Details


Listed by:
Nicole Odom
Keller Williams Realty Atl. Partners
(770) 632-1112

Source:
Georgia MLS
MLS#: 10584410
Georgia MLS

Investment Summary


Monthly Cash Flow
-$1,030
Cap Rate
3.6%
Cash-on-Cash Return
-11.1%
Debt Coverage Ratio
0.59
Internal Rate of Return (5 years)
-6.7%

Purchase Details

Find an Agent

Purchase price:
$485,000
Amount financed:
-$388,000
Down payment:
$97,000
Closing costs:
$14,550
Rehab costs:
$0
Initial cash invested:
$111,550
Square feet:
3,586
Cost per square foot:
$135
Monthly rent per square foot:
$0.75

Financing Details

Find a Lender

Loan amount:
$388,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,484
Property tax:
$367
Insurance:
$189
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,040

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,700 $32,400
Vacancy loss: (6%)
6% -$162 -$1,944
Operating income:
$2,538 $30,456

Operating Expenses


% Rent Monthly Yearly
Property taxes: (14%)
14%-$367-$4,398
Insurance: (7%)
7%-$189-$2,268
Property management: (8%)
8%-$216-$2,592
Repairs & maintenance: (5%)
5%-$135-$1,620
Capital expenditures: (5%)
5%-$135-$1,620
HOA fees: (2%)
2%-$42-$504
Total operating expenses: (40%)
40%-$1,084-$13,002

Cash Flow


Monthly Yearly
Net operating income:
$1,454 $17,448
Mortgage payments:
-$2,484 -$29,808
Cash flow:
-$1,030 -$12,360