2 PACKAGE/ INVESTMENT PROPERTY

[Rocky Nguyen]

!!! Sale of one is contingent upon same day purchase of the other !!!

- FOR MORE PICTURES, LINK IS BELOW.



1. 2892 Duke of Windsor, East Point GA 30344


5bed/3ba 2,658sq.ft built in 1987
*needs renovation*

Price: $80,000
Repairs: 40,000
ARV: $199,000
NET profit (after 8% closing costs): $63,080

PICTURES
Walkthrough Video

Price: $80,000
Repairs: $40,000
Scope of Work: (1)dumpster, siding repair & exterior paint, front porch repair, minor floor repair on main level, interior painting, kitchen cabinets, granite counter tops, wet bar replacement, appliances, tiles, (3) bathroom renovations, light fixtures, by mold remediating in basement, new window, (3) balcony repairs, trims & baseboards, crack in basement repair, new interior doors, flooring on lower level

SOLD & PENDING Comparables (comps within 0.5mi)
3078 Duke of Gloucester, 5/3 2,666sqft built in 1963 $199k (pending)

2750 Duke of Gloucester, 4/3 2,372sqft built in 1959 (9/17/2014) $198k MLS 8 DOM
3119 Duke of Gloucester, 3,555sqft 4/3 built in 1970 $185k (1/26/15)MLS 7 DOM foreclosure

ACTIVE:
2980 Duke of Gloucester, 4/3 2,952sqft built in 1957 (active) $174k FORECLOSURE
2945 Duke of Windsor, 5/2 2,915sqft built in 1988 (active) $199k NOT RENOVATED

Resale Value: $199,000


2. 2981 Sylvan Rd, East Point (Duplex)
3/2 upstairs rented @ $500/mo
1/2 downstairs (with potential of 2/2) rented @ $400/mo

Price: $45k
Annual Rent: $10,800
Property Manager: $648/yr
Taxes: $250/yr
Insurance: $850/yr
Misc: $1,150/yr

NET Rental : $6,804/yr

Pictures : https://www.dropbox.com/sh/1s8m2gv7dtv06mw/AACgvuRYc6FDr7qS1sJOiF6Ua?dl=0

TOTAL PRICE: $125k

If you have any other questions, please ask. Thank you.

- Rocky Nguyen