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Updated over 9 years ago on .

User Stats

40
Posts
18
Votes
G.A. Miller
  • Real Estate Agent / Realtor
  • Atlanta, GA
18
Votes |
40
Posts

Excellent Buy and Hold- South of Atlanta Metro Area

G.A. Miller
  • Real Estate Agent / Realtor
  • Atlanta, GA
Posted

Networth Realty of Atlanta is happy to market our latest buy and hold property.

This is a 2004 built split level home, located south of the Atlanta Metro area in Union City. The home features four bedrooms, 2 baths, and is tenant occupied on a freshly renewed 1-year lease.

Purchase Price: $75,000

Rehab: $5,000 (minor touch ups around the home)

Actual rent: $1,075 (lease expires 08/2016)

Cash on cash return including purchase price ($75K), Insurance ($840), Repairs ($5,000), and taxes ($670) = ~15%.

Please call me for more information or to schedule a showing. I maintain a private inventory for liability purposes. I must meet with potential investors in my office before showing the property. This is non-negotiable. The best way to reach me is via call or text- 770-727-5519

Offering