Turnkey Rental - $850 rent $52,000 Purchase

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Turnkey Rental - $850 rent $52,000 Purchase

Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes

was a 3/1, converted to a 2/1 with laundry and utility room.

LOCKBOX SIDE DOOR, CODE 1015

Have been receiving $825-$850 rent for years, tenants just moved out. Repairs and cleaning completed. A/C Runs cold, clean 4 sided brick. Roof replaced 5 years ago.  HotPads suggest $850 for the area as well.


Property Details
2 Bed 1 Bath, 1054 Sqft
Roof Replaced about 5 years ago, Additional insulation in the attic was also added.

2 Miles from Kroger
2-3 Miles to Ga Power
3 Miles to Clayton State

800-850 rent

$9,600-10,200
8% Vacancy
10% Maintenance
10% Management Fee
$691 yearly taxes
$480 Insurance

All Cash:
Monthly Expense $321-$335
Cash Flow $478-$514

Loan, 30 year 4%:
Monthly Expense $519-$533
Cash Flow $281-$317
Link to More Photos
Link to Video Walkthrough
Purchase Price
$52,000


Lockbox on side door, Code 1015
Contact Jesse LeBlanc at 404-984-1888
j[email protected]
Don't let paralysis by analysis cause you to lose out to another investor.
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  • Yatesville, GA · Member since 2017 · 17 posts · 6 votes
    9y

    this deal is something I'm interested in looking at. Is it still available?

  • Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes
    9y

    Yes sir, I have some sight unseen offers, a few calls from others going out today.  So please get out there and let me know @Arriston Worthy

  • Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes
    9y

    Pending closing this week.

  • Real Estate Agent · San Francisco, CA · Member since 2016 · 105 posts · 21 votes
    9y

    pls add me to your buyers list. 

    [email protected]

  • Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes
    9y

    I'll take care of that now @Lynn T. I appreciate it.   

    For anyone else that see's this and needs to be added, please click on my webform here and submit your info.

    https://podio.com/webforms/17358259/1167098  

  • Roger PearcePro Member
    Rental Property Investor · Atlanta, GA · Member since 2016 · 29 posts · 7 votes
    8y

    please add me to your buyers list. Thank you very much

  • Investor · Atlanta, GA · Member since 2016 · 627 posts · 374 votes
    8y

    Hey @Roger Pearce If you can use the webform on the comment above your message, we'll get you on the list right away sir.  I appreciate it.

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