Updated over 10 years ago on . Most recent reply
Great investor deal in Atlanta, GA 30315!!
Property Location:
201 Claire Dr SE
Atlanta, GA 30315
Property Stats:
4 beds 2 baths 1,723 Sqft
ARV: $131,725
Purchase Price: Only $47,500!!
Rehab Cost: $35,000
Total Holding & Closing Costs not including Sale: $2,500
Total Projected Cost Basis: $85,000
Projected Flip Profit: $38,821.50
ROI: 45.67%
Property Details:
This property was built in 1935. There are 2 ½ levels with the potential to bring in at least $1,200 in monthly rental cash flow! House is vacant and needs renovations throughout, which has been initiated by the previous owner to create open layouts in common areas. The property is located minutes from downtown Atlanta, I-75, I-85, I-20, GA-166, Atlanta's Hartsfield-Jackson International airport and is Marta accessible. Property taxes for 2014 were $414. 2014 assessed tax value was $22,800 (expect this to go up once rehab work is completed!)
Contact: Laura at (404) 490-3003 or [email protected]