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Mike Watkins
  • Wholesaler
  • Powder Springs, GA
143
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515
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Turnkey in Decatur 30032 Zip

Mike Watkins
  • Wholesaler
  • Powder Springs, GA
Posted Feb 2 2015, 07:35

This turnkey investment home can easily be rented out at $800 per month bringing you an annual $9,600. Yes, that's right an ROI of 16.8%. You'll see that some of the comps below are only 3/1s and that's because I wanted to be conservative with the ARV. The rent could be raised to $850 but at $800 your house will be the cheapest one in the neighborhood.

Comps

Address              Bed Bath  Sqft.      Year      Price          Sold Date        Distance

3255 Pinehill Dr     3     1    1,056      1955     $55,200     12/03/2014     0.16 mi

3087 San Juan Dr 3      2     1,100     1955     $46,000    12/03/2014     0.53 mi

1310 Celia Way     3      1     1,068     1961     $95,800    12/02/2014     0.64 mi

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