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15%+ Returns on Suburban Atlanta Property

Isaac Taylor · 2017-03-06T04:03:07-08:00

ATLANTA INVESTMENT PROPERTY OVERVIEW Market: Metro Atlanta AreaListing Price: $85,000 Rehab Estimate: $10,000Address: Windmill Rd, Ellenwood, GABeds / Baths / Sq Ft: 3 beds / 2.5 bath / 2,020 sq ftProperty Description: Spacious home with 3 Bedrooms and 2.5 Baths. Possession date will depend on tenancy status at time of closing. Currently on a month to month lease.FINANCIAL SUMMARY - Click for More DetailsAt Listing PricePurchase Price: $85,000Rehab: $10,000Closing Costs: $2,550Total Investment: $97,550Financed Amount: $68,000Cash Investment: $29,550Annual Revenue: $13,200Annual Expenses: $6,976Interest: $3,400Net Income: $2,824Annual Return: 10%Annual Appreciation: $1,700Total Return Potential: 15%At Recommended PricePurchase Price: $80,000Rehab: $10,000Closing Costs: $2,400Total Investment: $92,400Financed Amount: $64,000Cash Investment: $28,400Annual Revenue: $13,200Annual Expenses: $6,976Interest: $3,200Net Income: $3,024Annual Return: 11%Annual Appreciation: $1,700Total Return Potential: 17%Want to Learn More About This Property? Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.Income Potential: See what similar homes are renting for in this neighborhoodExpense Expectations: See a detailed breakdown of key expenses like property taxes and insurance

Isaac Taylor

Investor · Detroit, MI · Member since 2008 · 66 posts · 11 votes

ATLANTA INVESTMENT PROPERTY OVERVIEW

Market: Metro Atlanta Area
Listing Price: $85,000
Rehab Estimate: $10,000
Address: Windmill Rd, Ellenwood, GA
Beds / Baths / Sq Ft: 3 beds / 2.5 bath / 2,020 sq ft
Property Description: Spacious home with 3 Bedrooms and 2.5 Baths. Possession date will depend on tenancy status at time of closing. Currently on a month to month lease.

FINANCIAL SUMMARY - Click for More Details

At Listing Price

Purchase Price: $85,000
Rehab: $10,000
Closing Costs: $2,550
Total Investment: $97,550
Financed Amount: $68,000
Cash Investment: $29,550

Annual Revenue: $13,200
Annual Expenses: $6,976
Interest: $3,400
Net Income: $2,824

Annual Return: 10%
Annual Appreciation: $1,700
Total Return Potential: 15%

At Recommended Price

Purchase Price: $80,000
Rehab: $10,000
Closing Costs: $2,400
Total Investment: $92,400
Financed Amount: $64,000
Cash Investment: $28,400

Annual Revenue: $13,200
Annual Expenses: $6,976
Interest: $3,200
Net Income: $3,024

Annual Return: 11%
Annual Appreciation: $1,700
Total Return Potential: 17%

Want to Learn More About This Property?

Find Out About the Neighborhood: Median Income, Poverty Rate, Unemployment Rate, % of Renters, Etc.
Income Potential: See what similar homes are renting for in this neighborhood
Expense Expectations: See a detailed breakdown of key expenses like property taxes and insurance

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15%+ Returns on Suburban Atlanta Property

FINANCIAL SUMMARY - Click for More Details

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