Newly Renovated Turnkey Property!!

[Loreal Amporful]

Cash Price
$41,900

• Single Family Home
• 3 bedrooms, 2 bathrooms
• Built in 1928
• 1200 sqft
• vacant- contact me for lockbox code
• market rents: 800 - 950

• Nice 3/2 in Lakewood! This renovated home has a new roof, windows, wiring, updated bathrooms and more. Located just 5 minutes from downtown, very close to hwy 75, and 85. Also is walking distance to Marta Bus stops.

• Estimated ROI
  • Purchase Price - $41900
  • Rent - $800x12 = $9600
  • Estimated Property management - $80x12 = $960
  • Estimated Insurance - $600
  • 2014 Property taxes - $473
    • Estimated net rental income - $7567
    • Estimated Net ROI - 7567/41900 = 18%