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Updated almost 8 years ago, 03/14/2017

User Stats

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

15%+ Returns on Suburban Atlanta Property

Isaac Taylor
  • Investor
  • Detroit, MI
Posted

ATLANTA INVESTMENT PROPERTY OVERVIEW

  • Market: Metro Atlanta Area
  • Listing Price: $85,000 Atlanta investment property
  • Rehab Estimate: $10,000
  • Address: Windmill Rd, Ellenwood, GA
  • Beds / Baths / Sq Ft: 3 beds / 2.5 bath / 2,020 sq ft
  • Property Description: Spacious home with 3 Bedrooms and 2.5 Baths. Possession date will depend on tenancy status at time of closing. Currently on a month to month lease.

FINANCIAL SUMMARY - Click for More Details

At Listing Price
  • Purchase Price: $85,000
  • Rehab: $10,000
  • Closing Costs: $2,550
  • Total Investment: $97,550
  • Financed Amount: $68,000
  • Cash Investment: $29,550
  • Annual Revenue: $13,200
  • Annual Expenses: $6,976
  • Interest: $3,400
  • Net Income: $2,824
  • Annual Return: 10%
  • Annual Appreciation: $1,700
  • Total Return Potential: 15%
At Recommended Price
  • Purchase Price: $80,000
  • Rehab: $10,000
  • Closing Costs: $2,400
  • Total Investment: $92,400
  • Financed Amount: $64,000
  • Cash Investment: $28,400
  • Annual Revenue: $13,200
  • Annual Expenses: $6,976
  • Interest: $3,200
  • Net Income: $3,024
  • Annual Return: 11%
  • Annual Appreciation: $1,700
  • Total Return Potential: 17%

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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