Deal or No Deal? Atlanta

[Justine Veal]

Hi yall this property showed up on my desk today. I think it is a deal but I'm a little nervous. What do you all think? My exit strategy is Fix/Flip

Location: 30315 (Near Peoplestown)

Size 3/1 over 1k sqft

Purchase price: $160k

Renovation estimate: $65k

ARV- $265-275K

[Jingru Sui]

Have you done a comprehensive market analysis for 30315? For 3/1 is the ARV really 265-275K? I saw the average is high 100K. Highest in the past is July last year which might be inline with your prediction. Are you gonna try adding another bathroom to make it 3/2?