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43
Posts
14
Votes
Henrry Novas
  • Wholesaler
  • Georgia, USA
14
Votes |
43
Posts

Deal Analysis in Braselton, GA

Henrry Novas
  • Wholesaler
  • Georgia, USA
Posted

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.