Check out this Cheap turnkey Condo in Clayton County Ga!!!

[Loreal Amporful]

• Condo
• pics: https://www.dropbox.com/sh/ofh33yujap2xmp2/AACRypB99DwQ5LuGlz-ZYXNDa?dl=0
• 2 bedroom, 1 bathroom
• Built in 1973
• 899 sqft
• Vacant - CONTACT US FOR APPT
• HOA - $255/Monthly includes Garbage, Water, exterior maintenance, Grass, Outside lighting, Playground Maintenance, Pool Maintenance, Tennis court and Clubhouse
• Property tax - $546
• Estimated Market rent - $700-750

• Today we've got a small 2/1 condo in Morrow Ga. This complex is located less than 5 minutes of of I-75. This condo currently sits vacant, and doesnt need any repairs. The HOA does their job on taking care of the complex, renting this out and collecting rent should be easy!
• This would be a perfect buy and hold for someones portfolio.

• Estimated ROI
  • Purchase Price - $19,900
  • Estimated Rents - $700x12 = $8400/yr
  • HOA - $255x12 = $3060/yr
  • Estimated Insurance - $300/yr
  • Property Tax - $546
    • Estimated Net Rental Income - $4494/yr
    • Estimated Net ROI - 4494/19900 = 22%

• Vacant - Contact us to schedule appt. SERIOUS CASH BUYERS ONLY.
  • Closing will take place at Halperin and Lyman (Tonya McEntrye is the closer)
  • 1k earnest money deposit (Due with accepted contract) will be held at Halperin and Lyman
  • All Cash Only (No loans, No owner financing, No lease Option)
  • This is a As-Is sale, No disclosures
  • Buyer will need to be able to close within 7 days or sooner of binding agreement date.
  • ***AGENTS*** Add your commission to the sales price.

BUYERS PLEASE DUE YOUR OWN DUE DILIGENCE