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

$500,000

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: 13 hours ago
Updated: Aug 27, 2025 at 06:31PM

Investment Summary


Monthly Cash Flow
-$1,107
Cap Rate
3.5%
Cash-on-Cash Return
-11.6%
Debt Coverage Ratio
0.57
Internal Rate of Return (5 years)
-7.2%

Property Description


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

Imagine pulling into your extended driveway after a busy day, knowing there's plenty of room for guests when friends and family stop by. Step inside to a home that feels open, welcoming, and easy to live in. The kitchen sits at the center of it all, ready for casual breakfasts, holiday dinners, or late-night snacks around the island. The main-level guest suite makes hosting in-laws a breeze or gives you a quiet office tucked away from the heart of the home. Upstairs, the owner's suite feels like its own private retreat with a separate stairway, while the extra storage means everything finally has a place. Weekends here are meant to be enjoyed: game-day afternoons on the covered back porch, evenings gathered around the fire pit, and projects made simple with your own oversized shed and storage overhead. The landscaped yard adds to the beauty of it all, giving you outdoor spaces as inviting as the inside. This home isn't just move-in ready, it's ready for living. From everyday routines to celebrations with family and friends, 81 Canyon View Dr was designed for moments that matter most.

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
-$1,107
Cap Rate
3.5%
Cash-on-Cash Return
-11.6%
Debt Coverage Ratio
0.57
Internal Rate of Return (5 years)
-7.2%

Purchase Details

Find an Agent

Purchase price:
$500,000
Amount financed:
-$400,000
Down payment:
$100,000
Closing costs:
$15,000
Rehab costs:
$0
Initial cash invested:
$115,000
Square feet:
3,586
Cost per square foot:
$139
Monthly rent per square foot:
$0.75

Financing Details

Find a Lender

Loan amount:
$400,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,561
Property tax:
$367
Insurance:
$189
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,117

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:
-$2,561 -$30,732
Cash flow:
$1,107 $13,284