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Deal Analysis in Braselton, GA
Hey guys,
Looking for input on a retail deal I'm helping a friend with. It's a 3/2 , 1,680sqft house in Braselton with a finished basement (2 bedrooms, den) and a recently converted garage. Updates include new upstairs flooring, kitchen counters/sink, bathroom vanities/toilets, and fresh paint. Sits on a 0.44 acre lot. They have a HELOC of ~$60k
Numbers:
- Comps suggest ~$199.5/sqft (max 2,020 sqft)
- Estimated ARV: $335k (based on comps)
- Potential rent: $1,975-$2,000/month
Question: Do these numbers seem reasonable for the Braselton market?
Details:
- Address: 4149 Long Dr, Braselton, GA 30517
- More details on the property available upon request.