Great Atlanta Property - 14%+ Returns! (Ellenwood)

[Isaac Taylor]

ATLANTA INVESTMENT PROPERTY OVERVIEW

• Market: Metro Atlanta Area
• Listing Price: $94,900
• Rehab Estimate: $7,000
• Address: Chester Ln, Ellenwood, GA
• Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,540 sq ft
• Property Description: Updated and fresh, move-in ready, ranch. A beautiful home with a screened-in porch and detached 2-car garage/full workshop, a large deck with an above ground pool (new liner to be installed), new carpet and fresh paint. Located in a private cul de sac lot with tons of hardwoods.

FINANCIAL SUMMARY - Click here for more details!

At Listing Price Purchase Price: $94,900 Rehab: $7,000 Closing Costs: $2,847 Total Investment: $104,747 Financed Amount: $75,920 Cash Investment: $28,827 Annual Revenue: $12,000 Annual Expenses: $5,975 Interest: $3,796 Net Income: $2,229 Annual Return: 8% Annual Appreciation: $1,898 Total Return Potential: 14%

At Recommended Price Purchase Price: $92,000 Rehab: $7,000 Closing Costs: $2,760 Total Investment: $101.760 Financed Amount: $73,600 Cash Investment: $28,160 Annual Revenue: $12,000 Annual Expenses: $5,975 Interest: $3,680 Net Income: $2,345 Annual Return: 8% Annual Appreciation: $1,898 Total Return Potential: 15%