Off Market Duplex in Atlanta
Off market duplex located in 30310 zip code of Atlanta. Property is less than a half mile from Tyler Perry Studios at Fort McPherson. This property will cash flow in an appreciating area with only cosmetic repairs (repair roof, patch ceilings, re-finish floors, interior paint). Current market rents in the area for 2 bedroom is $750 a month. Call, text or email for lockbox code. Perform your due diligence before submitting offer, must have ability to close quickly.
Purchase Price - $65,000
Repairs - $15,000
ROI Breakdown:
Monthly Rent - $1,500
Rent x 12 = $18,000
Taxes (2015) = $453
Property Management (8%) = $1,440
Maintenance (10%) = $1,800
Insurance Estimate = $500
Net Annual Cash = $13,807
ROI % = 17.25
Offering