Buy and Hold Property in Stone Mountain (30083)
Townhouse in 30083 (Stone Mountain, Dekalb) off of Exit 41 off 285.
Asking Price 45,000, ARV 63,000
All-In at .76 cents on the Dollar.
Cash on Cash ROI 14.55% after repairs (All Cash Purchase)
Cash on Cash ROI 76.26% (20% down using conventional loan)
Tenant moves in 3 weeks paying 800/month.
Minimal repairs needed = Bathroom Sink and Vanity, connect bath to water line, some cabinetry.
Estimated at 1900.
Already rehabbed but seller is motivated and needs cash fast.
If interested please email me at [email protected] or call 470-219-8665. I will email you calculation and pictures.
Offering