Perfect rental near Kennesaw State University in Cobb Co GA

[Mark Graziano]

Perfect first home or investment property in Cobb Co in need of very little work. The house offers 3 bedrooms with 2 baths rooms and a large bonus room. This great single family home also offers a 2-car garage with 2 large decks off the rear of the property. The house is located just miles from KSU, 575, 75 and 92. The property is being offer at $147,000 with comps in the area selling for $180,000

771 Summer Drive Nw, Acworth GA, 30102 - 2084 sq/ft

Rental Analysis

Annual Rent = $1,450 x 12 = $17,400

Vacancy = $72.5 x 12 = $870

Taxes = $125 x 12 = $1500

Insurance = $58.33 x 12 = $700

Maintenance Reserve = $100 x 12 = $1200

Property Management = $145 x 12 = $1740

NOI = Monthly $949.17 Annual $11,390

Comps:

4826 Summer Ln, Acworth GA 30102 - 1776 sq/ft - $180,000 - Sold 7/14/17 - 101.35 p/sf

1081 Rolling Green Dr, Acworth Ga 30102 -1540 sq.ft $175,000 - Sold 6/26/17 - $175,000 - 113.13 p/sf

1167 Ridgeside Dr, Acworth GA 30102 - 1802 sq ft - 175,000 - Sold 03/23/17 - 97.10 p/sf

Acworth, Marietta, Atlanta, Kennesaw, Canton, Sandy Springs, Alpharetta