The Reynolds
Single Family
4
4
3008
Sqft
2018
$430,000
Purchase Price
$2,495
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Reynolds?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Reynolds is a beautiful brick front home features intricate design details, flowing floor plan, and detailed mill-work throughout. The house has a gorgeous formal dining room with elegant coffered ceiling, chair-rail molding and plenty of natural light. The house is designed to entertain with its gourmet kitchen that includes a breakfast bar/island, dining area, designer light fixtures, and stone countertops. The house also has an open living room with two story ceiling and a cozy fireplace. The oversized primary bedroom on the main level boasts a lavish sitting area, trey ceiling, double doors leading to the spa-like bathroom and walk-in closet. The primary bathroom with double vanity, large jacuzzi bathtub, and separate shower. The upper level features two bedrooms and a dual entry bathroom. The outdoor space includes a serene back deck with pergola overlooking the landscaped backyard and a covered front patio.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Atlanta, GA
Atlanta is the capital and the most populous city in the state of Georgia. The Atlanta-Sandy Springs-Roswell MSA has a population of over 6 million people, ranking 9th in the U.S. with Atlanta as the cultural and economic center. Atlanta has a diverse economy with a dominance in the aerospace, transportation, film, media, medical services, business services and information technology industries. Atlanta is considered a hub for air transportation with the Hartsfield-Jackson Atlanta International Airport, which is considered to have the world’s busiest passenger airport traffic and has achieved international prominence. The area has unique geography as it is located among the foothills of the Appalachian Mountains, creating rolling hills and the most dense urban tree coverage in the U.S.
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100%
Funded
764
Investors
$492,750
Invested