Turn Key Rental in Savannah!
Time is of the essence for this 2 bed 1.5 bath all brick town home in midtown Savannah on world famous Victory Drive!. This area is undergoing renaissance with the addition of Whole Foods, Floor and Decor and many other new shopping destinations just 1 block away. Attached is the pro-forma showing that you can own this for $64,000 all in. We will invest an additional $6,000 to make it rental ready and do all the work for you and get it rentedand placed with a quality property manager. It should cash flow at 8% cash on cash net ROI if you pay all cash for it. Expect $750 gross rent and $428 in free cash flow per month after expenses. ARV will be about $75,000 to $80,000 so you will also get starting capital gain equity right off the bat. This is a no brainer but will only be available until the end of this week. $2000 earnest money required.
https://www.biggerpockets.com/calculators/shared/85875/b1c38af3-9d47-4d1c-aeb1-52b44fa1c218