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Updated over 12 years ago on . Most recent reply

User Stats

126
Posts
43
Votes
AC Cooley
  • Real Estate Investor
  • Atlanta, GA
43
Votes |
126
Posts

Great Cashflow wholesale deal in Metro Atlanta

AC Cooley
  • Real Estate Investor
  • Atlanta, GA
Posted

Walnut Drive
Jonesboro, GA
 
5 Bedrooms / 2 baths
Tenant currently paying $950
Asking price $49,000

 
 
Purchase Price                  $49,000.00       
Annual Property Taxes     $600.00       
Annual Insurance              $900.00      
Monthly Rent                    $950       
Monthly PITI $125.00
CASHFLOW                        $825.00     
Cap Rate                              20%
100% ROI after only 5 years

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