Cheap Atlanta Rental With HUGE ROI

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Cheap Atlanta Rental With HUGE ROI

Joseph Cobern
Investor · Alpharetta, GA · Member since 2016 · 40 posts · 10 votes

Completely updated Atlanta SFR rental. Tenant in place paying $795 a month. Approximately 12 months left on the lease. The property has a brand new roof, the crawl space is updated, insulated, and serves as a laundry room. New plumbing and electrical.

The Numbers:

Price: $44,000

Rent: $795

Insurance/Taxes: $800 annually 

ROI: 19.9%

Please do not disturb tenants. Showings will only be held during due diligence. 

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  • Brandon Davis
    Flipper/Rehabber · Atlanta, GA · Member since 2014 · 55 posts · 21 votes
    9y

    Do you have any pictures of the residence?
    Is this a turnkey property?

    What is the ARV for this property?

    Also why is the purchase price so low?

    0Reply
  • Joseph Cobern
    OP
    Investor · Alpharetta, GA · Member since 2016 · 40 posts · 10 votes
    9y

    This is a turnkey property. The ARV is 64k. This property is located in a safe but strictly buy and hold area.

    1Reply
  • Jamal Massengale
    San Diego, CA · Member since 2014 · 22 posts · 2 votes
    9y

    Can you please send me more info, [email protected] 

    0Reply
  • Rush Wall
    RE Investor · Newnan, GA · Member since 2015 · 309 posts · 132 votes
    9y

    @Joseph Cobern please add me to your buyers list. [email protected]. Thanks.

    0Reply
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