$310,000
XXX Weeping Willow DR, Gainesville, GA 30504
Current Rent **
$2,600
Projected Rent **
$2,600
Atlanta, MSA - Gainesville, GA | $70,000 Net Equity| $7,800 PREPAID Rent
Investment Opportunity + Leaseback:
Asking Price: $310,000
Market Value ($380,000) - Asking Price ($310,000) = Net Equity ($70,000)
Total Prepay Rent at Closing: $10,400
Monthly Rent: $2,600 with 3 months of prepaid rent + Deposit
4 BD / 2.5 BA
Sq. Ft: 2,254
Lot size (Acres): 0.16
Year Built: 2015
Seller wants to stay as a tenant
Pre-approved Financing:
80% LTV DSCR Loan
Cash to Close (Estimated) = $79K - $84K
Why buy this property?
Property in excellent condition - No renovations needed
HW 2023
Fenced yard
Shopping and dining 1.5 Mi
Schools 3.6 Mi
University of North Georgia - Gainesville Campus 1.26 Mi
Highway 53 1.2 Mi
Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities
Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of 1% of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.
DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION
Location:
XXX Weeping Willow DR, Gainesville, GA 30504
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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