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Updated almost 8 years ago, 01/29/2017

User Stats

66
Posts
11
Votes
Isaac Taylor
  • Investor
  • Detroit, MI
11
Votes |
66
Posts

20%+ Returns on Atlanta Property

Isaac Taylor
  • Investor
  • Detroit, MI
Posted

ATLANTA INVESTMENT PROPERTY OVERVIEW

  • Market: Metro Atlanta Area
  • Listing Price: $93,000                 Atlanta investment property
  • Rehab Estimate:
  • Address: Ridgetop Trail, Ellenwood, GA
  • Beds / Baths / Sq Ft: 3 beds / 2 bath / 2,156 sq ft
  • Property Description: This home has been totally renovated with new appliances, paint, carpet and new granite countertops.

FINANCIAL SUMMARY   - Click for a Detailed Breakdown

At Listing Price
  • Purchase Price: $93,000
  • Rehab: $0
  • Closing Costs: $2,790
  • Total Investment: $95,790
  • Financed Amount: $71,843
  • Cash Investment: $23,948
  • Annual Revenue: $13,800
  • Annual Expenses: $6,664
  • Interest: $3,592
  • Net Income: $3,544
  • Annual Return: 15%
  • Annual Appreciation: $1,860
  • Total Return Potential: 23%
At Recommended Price
  • Purchase Price: $90,000
  • Rehab: $0
  • Closing Costs: $2,700
  • Total Investment: $92,700
  • Financed Amount: $69,525
  • Cash Investment: $23,175
  • Annual Revenue: $13,800
  • Annual Expenses: $6,664
  • Interest: $3,476
  • Net Income: $3,660
  • Annual Return: 16%
  • Annual Appreciation: $1,860
  • Total Return Potential: 24%

Want to Learn More About This Property?

  • Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.
  • Income Potential: See what similar homes are renting for in this neighborhood
  • Expense Expectations: See a detailed breakdown of key expenses like property taxes and insurance
Offering

User Stats

114
Posts
22
Votes
Jailen Holt
  • Real Estate Salesperson Licensed
  • Atlanta, GA
22
Votes |
114
Posts
Jailen Holt
  • Real Estate Salesperson Licensed
  • Atlanta, GA
Replied

I would like additional information about this property

User Stats

66
Posts
11
Votes
Isaac Taylor
  • Investor
  • Detroit, MI
11
Votes |
66
Posts
Isaac Taylor
  • Investor
  • Detroit, MI
Replied

@Jailen Holt just send me a private message with your email and phone number and I can send you more detailed info.

Isaac

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