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Updated about 8 years ago on . Most recent reply

User Stats

20
Posts
5
Votes
Brandon Comer
  • Flipper/Rehabber
  • Orlando, FL
5
Votes |
20
Posts

Add This Northwest Atlanta Property to Your Portfolio!

Brandon Comer
  • Flipper/Rehabber
  • Orlando, FL
Posted
Check Out the Property Here! Here are the numbers up front:

Purchase Price: $24,000
Rehab Budget: $32,000
All-In minus Holding Costs: $56,000

ARV: $89,900+
EASILY RENT IT OUT FOR $950.00 - 1050.00/mo (1.69-1.78%)


This was originally a 2/2, 1084 sqft. house but the original garage was converted into a third bedroom, bringing the total square footage to just under 1300 sqft. This house sits on just over a half an acre of fenced-in land. This house has damage from a kitchen fire and will need a new kitchen. According to the GC, here is what needs to be done to get the property rent-ready:
  • New windows
  • New laminate wood floor throughout
  • Drywall repair
  • New Kitchen
  • New Roof
  • Updated bathrooms
  • Minor landscaping

It is currently available to walk through and inspect.

Offering

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