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Updated over 7 years ago on . Most recent reply

User Stats

624
Posts
375
Votes
Jesse LeBlanc
  • Investor
  • Atlanta, GA
375
Votes |
624
Posts

Turnkey Rental - $850 rent $52,000 Purchase

Jesse LeBlanc
  • Investor
  • Atlanta, GA
Posted

was a 3/1, converted to a 2/1 with laundry and utility room.

LOCKBOX SIDE DOOR, CODE 1015

Have been receiving $825-$850 rent for years, tenants just moved out. Repairs and cleaning completed. A/C Runs cold, clean 4 sided brick. Roof replaced 5 years ago.  HotPads suggest $850 for the area as well.


Property Details
2 Bed 1 Bath, 1054 Sqft
Roof Replaced about 5 years ago, Additional insulation in the attic was also added.

2 Miles from Kroger
2-3 Miles to Ga Power
3 Miles to Clayton State

800-850 rent

$9,600-10,200
8% Vacancy
10% Maintenance
10% Management Fee
$691 yearly taxes
$480 Insurance

All Cash:
Monthly Expense $321-$335
Cash Flow $478-$514

Loan, 30 year 4%:
Monthly Expense $519-$533
Cash Flow $281-$317
Link to More Photos
Link to Video Walkthrough
Purchase Price
$52,000


Lockbox on side door, Code 1015
Contact Jesse LeBlanc at 404-984-1888
j[email protected]
Don't let paralysis by analysis cause you to lose out to another investor.
Offering

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