All Forum Posts by: Isaac Taylor

Market: Metro Detroit Area
Listing Price: $99,900
Rehab Estimate: $5,000
Address: Leverne, Redford, MI 48239
Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,102 sq ft
Property Description: Opportunity awaits with this solid brick ranch that is situated just a skip and a jump from Thurston High School in the heavily sought after Ridgemont Homes sub. 3 bedrooms upstairs with 1.5 bathrooms and a full finished basement with a rec area and a den or 4th bedroom. Large spacious lot with a 2 car garage. Ceiling fans in all the rooms. Hardwood underneath the carpeting and much more.

Financial Summary - Click here for more details!

At Listing Price

Purchase Price: $99,900
Rehab: $5,000
Closing Costs: $2,997
Total Investment: $107,897
Financed Amount: $79,920
Cash Investment: $27,977

Annual Revenue: $12,600
Annual Expenses: $7,136
Interest: $3,996
Net Income: $1,469

Annual Return: 5%
Annual Appreciation: $2,098
Total Return Potential: 13%

At Recommended Price

Purchase Price: $90,000
Rehab: $5,000
Closing Costs: $2,700
Total Investment: $97,700
Financed Amount: $72,000
Cash Investment: $25,700

Annual Revenue: $12,600
Annual Expenses: $7,136
Interest: $3,600
Net Income: $1,865

Annual Return: 7%
Annual Appreciation: $2,098
Total Return Potential: 15%

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0 Votes

Arthur - send me your email address and I can email you more details

0 Votes

ATLANTA INVESTMENT PROPERTY OVERVIEW

Market: Metro Atlanta Area
Listing Price: $85,000
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?

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Income Potential: See what similar homes are renting for in this neighborhood
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1 Vote

CLEVELAND INVESTMENT PROPERTY OVERVIEW

Market: Metro Cleveland Area
Listing Price: $88,000
Rehab Estimate: $5,000
Address: Monticello, Cleveland Heights, OH
Beds / Baths / Sq Ft: 4 beds / 1.5 baths / 1,769 sq ft
Property Description: This 1769 square foot single family home has 4 bedrooms and 1.5 bathrooms. It is located on Monticello Blvd Cleveland Heights, Ohio.

FINANCIAL SUMMARY - Click for More Detail

At Listing Price

Purchase Price: $88,000
Rehab: $5,000
Closing Costs: $2,640
Total Investment: $95,640
Financed Amount: $70,400
Cash Investment: $25,240

Annual Revenue: $13,800
Annual Expenses: $7,961
Interest: $3,520
Net Income: $2,319

Annual Return: 9%
Annual Appreciation: $1,760
Total Return Potential: 16%

At Recommended Price

Purchase Price: $85,000
Rehab: $5,000
Closing Costs: $2,550
Total Investment: $92,550
Financed Amount: $68,000
Cash Investment: $24,550

Annual Revenue: $13,800
Annual Expenses: $7,961
Interest: $3,400
Net Income: $2,439

Annual Return: 10%
Annual Appreciation: $1,760
Total Return Potential: 17%

Want to Learn More About This Property?

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1 Vote

@Steve Vizvary I've been doing some research on the Atlanta area as well. It seems like the following zip codes would be promising for buy-and-hold investors: 30038, 30088, 30274, 30294, 30349. I've recently analyzed each of these areas and assigned a preliminary neighborhood grade from A to F. I've posted some of the more interesting properties that i've found listed and would happy to share more details of my analysis with the group.

1 Vote

ATLANTA INVESTMENT PROPERTY OVERVIEW

Market: Metro Atlanta Area
Listing Price: $95,000
Rehab Estimate: $6,000
Address: Shane Ct, Ellenwood, GA
Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,630 sq ft
Property Description: A very nice 3/2 Split Level home with an open floor plan with a living room dining combo.Plus an additional Family room with Fire Place...Large Master Bedroom with a private bath..South River runs along the backyard,nice deck...Very spacious,tenant in place.

FINANCIAL SUMMARY - Click for Full Details

At Listing Price

Purchase Price: $95,000
Rehab: $6,000
Closing Costs: $2,850
Total Investment: $103,850
Financed Amount: $76,000
Cash Investment: $27,850

Annual Revenue: $13,500
Annual Expenses: $6,136
Interest: $3,800
Net Income: $3,564

Annual Return: 13%
Annual Appreciation: $1,900
Total Return Potential: 20%

At Recommended Price

Purchase Price: $92,000
Rehab: $6,000
Closing Costs: $2,760
Total Investment: $100,760
Financed Amount: $73,600
Cash Investment: $27,160

Annual Revenue: $13,500
Annual Expenses: $6,136
Interest: $3,680
Net Income: $3,684

Annual Return: 14%
Annual Appreciation: $1,900
Total Return Potential: 21%

Want to Learn More About This Property?

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0 Votes

CHICAGO INVESTMENT PROPERTY OVERVIEW

Market: Metro Chicago Area
Listing Price: $29,500
Rehab Estimate: $8,000
Address: S Yale Ave, Chicago, IL
Beds / Baths / Sq Ft: 5 beds / 1 bath / 1,800 sq ft
Property Description: Beautiful home on a large, fenced lot. 5 spacious bedrooms, great kitchen with lots of cabinets and space for a table, bright living room and dining room with classic hardwood floors and high ceilings. Full, unfinished basement provides extra living space or extra storage. Currently rented month-to-month and tenant is willing to stay or go. Conveniently located near food, shopping, schools and the highway. Priced to sell quickly..

FINANCIAL SUMMARY - Click for More Details

At Listing Price

Purchase Price: $29,500
Rehab:$8,000
Closing Costs: $885
Total Investment: $38,385
Financed Amount: n/a
Cash Investment: $38,385

Annual Revenue: $16,800
Annual Expenses: $9,571
Interest: n/a
Net Income: $7,229

Annual Return: 19%
Annual Appreciation: $295
Total Return Potential: 20%

At Recommended Price

Purchase Price: $25,000
Rehab: $8,000
Closing Costs: $750
Total Investment: $33,750
Financed Amount: n/a
Cash Investment: $33,750

Annual Revenue: $16,800
Annual Expenses: $9,571
Interest: n/a
Net Income: $7,229

Annual Return: 21%
Annual Appreciation: $295
Total Return Potential: 22%

Want to Learn More About This Property?

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Income Potential: See what similar homes are renting for in this neighborhood
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0 Votes

ATLANTA INVESTMENT PROPERTY OVERVIEW

Market: Metro Atlanta Area
Listing Price: $105,000
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?

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0 Votes

Detroit Investment Property Overview – Redford,MI

Market: Metro Detroit Area
Listing Price: $94,900
Rehab Estimate: $8,000
Address: Crosley., Redford, MI 48239
Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,288 sqft
Property Description: This home features a large family room with laminate flooring, a living room with an exposed wood floor, and bedrooms with new carpet with hardwood underneath.

Financial Summary - Click here for more details!

At Listing Price

Purchase Price: $94,900
Rehab: $8,000
Closing Costs: $2,847
Total Investment: $105,747
Financed Amount: $75,920
Cash Investment: $29,827

Annual Revenue: $13,200
Annual Expenses: $7,860
Interest: $3,796
Net Income: $1,544

Annual Return: 5%
Annual Appreciation: $1,898
Total Return Potential: 12%

At Recommended Price

Purchase Price: $81,000
Rehab: $8,000
Closing Costs: $2,430
Total Investment: $91,430
Financed Amount: $64,800
Cash Investment: $26,630

Annual Revenue: $13,200
Annual Expenses: $7,680
Interest: $3,240
Net Income: $2,100

Annual Return: 8%
Annual Appreciation: $1,898
Total Return Potential: 15%

Want to Learn More About This Property?

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Income Potential: See what similar homes are renting for in this neighborhood
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0 Votes

CHICAGO INVESTMENT PROPERTY OVERVIEW

Market: Metro Chicago Area
Listing Price: $25,000
Rehab Estimate: $5,000
Address: S Indiana, Chicago, IL
Beds / Baths / Sq Ft: 3 beds / 1 bath / 1,473 sq ft
Property Description: Property is currently rented out on a month to month basis for $1,050.00. Seller is ready to sell. Being Sold As Is.

FINANCIAL SUMMARY - Click for more details!

At Listing Price

Purchase Price: $25,000
Rehab:$5,000
Closing Costs: $750
Total Investment: $30,750
Financed Amount: n/a
Cash Investment: $30,750

Annual Revenue: $12,600
Annual Expenses: $7,820
Interest: n/a
Net Income: $4,781

Annual Return: 16%
Annual Appreciation: $250
Total Return Potential: 16%

At Recommended Price

Purchase Price: $21,500
Rehab: $5,000
Closing Costs: $645
Total Investment: $27,145
Financed Amount: n/a
Cash Investment: $27,145

Annual Revenue: $12,600
Annual Expenses: $7,820
Interest: n/a
Net Income: $4,781

Annual Return: 18%
Annual Appreciation: $250
Total Return Potential: 19%

Want to Learn More About This Property?

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Income Potential: See what similar homes are renting for in this neighborhood
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0 Votes

All Forum Posts by: Isaac Taylor

Isaac Taylor has started 47 posts and replied 62 times.

Post: 15% Returns in Detroit Suburbs (Redford) - Minor Rehab Needed

Detroit Investment Property Overview – Redford,MI

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Post: 15%+ Returns on Suburban Atlanta Property

Post: 15%+ Returns on Suburban Atlanta Property

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Post: 16% Returns on this Cleveland Suburban Investment Property

CLEVELAND INVESTMENT PROPERTY OVERVIEW

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Post: Atlanta

Post: 20% Returns from Atlanta Area Suburb

ATLANTA INVESTMENT PROPERTY OVERVIEW

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Post: 20%+ Returns on Turnkey Chicago Home

CHICAGO INVESTMENT PROPERTY OVERVIEW

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Post: Atlanta Suburb - 14% Returns - Spacious ranch

ATLANTA INVESTMENT PROPERTY OVERVIEW

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Post: Detroit Suburb - 12% Returns - Redford

Detroit Investment Property Overview – Redford,MI

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Post: 16% Returns on Chicago Home - $25,000 - Current tenant

CHICAGO INVESTMENT PROPERTY OVERVIEW

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