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Updated almost 8 years ago, 02/07/2017

User Stats

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

Atlanta Suburb - 14% Returns - Spacious ranch

Isaac Taylor
  • Investor
  • Detroit, MI
Posted

ATLANTA INVESTMENT PROPERTY OVERVIEW

  • Market: Metro Atlanta Area
  • Listing Price: $105,000 Atlanta investment property Barbara
  • Rehab Estimate: $8,000
  • Address: Barbara Ln, Ellenwood, GA
  • Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,684 sq ft
  • Property Description: This spacious ranch home features a family room with a fireplace, a large kitchen, dinning area and three bedrooms. It sits on a .5 acre lot Great opportunity for family or investor looking for flip or rental. Great location outside perimeter and close to Hartsfield-Jackson

Financial Summary - Click here for more details!

At Listing Price
  • Purchase Price: $105,000
  • Rehab: $8,000
  • Closing Costs: $3,150
  • Total Investment: $116,150
  • Financed Amount: $84,000
  • Cash Investment: $32,150
  • Annual Revenue: $12,600
  • Annual Expenses: $5,898
  • Interest: $4,200
  • Net Income: $2,503
  • Annual Return: 8%
  • Annual Appreciation: $2,100
  • Total Return Potential: 14%
At Recommended Price
  • Purchase Price: $100,000
  • Rehab: $8,000
  • Closing Costs: $3,000
  • Total Investment: $111,000
  • Financed Amount: $80,000
  • Cash Investment: $31,000
  • Annual Revenue: $12,600
  • Annual Expenses: $5,898
  • Interest: $4,000
  • Net Income: $2,703
  • Annual Return: 9%
  • Annual Appreciation: $2,100
  • Total Return Potential: 15%

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

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