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74
Posts
18
Votes
Loreal Amporful
  • Realtor
  • Decatur, GA
18
Votes |
74
Posts

Newly Renovated Turnkey Property!!

Loreal Amporful
  • Realtor
  • Decatur, GA
Posted
Cash Price
$41,900

  • Single Family Home
  • 3 bedrooms, 2 bathrooms
  • Built in 1928
  • 1200 sqft
  • vacant- contact me for lockbox code
  • market rents: 800 - 950
  • Nice 3/2 in Lakewood! This renovated home has a new roof, windows, wiring, updated bathrooms and more. Located just 5 minutes from downtown, very close to hwy 75, and 85. Also is walking distance to Marta Bus stops.
  • Estimated ROI
    • Purchase Price - $41900
    • Rent - $800x12 = $9600
    • Estimated Property management - $80x12 = $960
    • Estimated Insurance - $600
    • 2014 Property taxes - $473
      • Estimated net rental income - $7567
      • Estimated Net ROI - 7567/41900 = 18%
Offering

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