I have an Off-market, Buy & Hold SFR rental property, you can BUY with Investor Friendly Seller-Financed Terms = high cash flow potential see below:

About the Property:
This delightful Split-level home offers 3 bedrooms, 2 full baths, and an extra bonus room in the basement, 1360 square feet. The home has been well maintained, and has been recently updated (interior), fresh paint and stylish new floors, brick fireplace in living room, two-car garage, fenced in wooded backyard, spacious front lot. In quiet and safe Douglasville neighborhood. Needs lite cosmetic rehab <$8-10K cosmetic improvements to get the home "turn-key rent ready" (new kitchen appliances, fixtures, maintenance repairs). HVAC, ROOF, Electrical, Plumbing, and Foundation are all Good Condition. No HOA, No rent restrictions!

Rent Rates in this neighborhood are $1,800+, Mid-term $2,200, Co-living (Pad-Split, etc.) $2,800+, Section 8?

Location Info: 13 min to I-20, 15 min to Silver Comet Trail, 13 min to Hiram, 17 min to WellStar Hospital, 20 min to Dallas, 18 min to Powder Springs, 27 min to Six Flags over Georgia (Plenty of shops and groceries nearby)

Seller Finance Terms:

Asking Price: $275,000 (below market value - comps are $285,000 and up)
Down Payment: $20,000 *due at closing
Financed Portion: $255,000 - 5-year term with balloon payment @ 2.75% (amortized 40 yrs!), with NO prepayment penalties!
Principal & Interest: $876.51 | Property Taxes: $261.67 |Insurance: $80.00 (PITI = $1,218.18)
Assignment fee: $14,500 *due at closing
Closing Costs: $3,500 *buyer pays
EMD: $3,500 *due at signing (applied toward assignment fee)
Closing Date: On or before May 17, 202, handled through Title company.

Your Total Entry Fee to Buy the property is only $38K! Or 13.5% of the purchase price!!

Don't Forget about future appreciation & tax depreciation of property!!

Please do not contact me if you are trying to wholesale or JV.

Only qualified Buy & Hold investors/Landlords please! If you are a licensed real estate agent, and have a qualified buyer DM me for info.

Video Tour of the property here. -- Google Drive link

Offering

Atlanta, Georgia

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