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3/2/2 only $39,000

Item ID#:3304682Location:
Decatur, Georgia
Seller ID#:995068 Views:
174
Price:$39000Expires:expired

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1713 W Austin Dr, Decatur , Georgia
Selling Price: $39,000.00
Repaired Value: $58,000.00 Rehab Cost: $15,000.00
Details

Bedrooms: 3Bathrooms: 2Parking: 2 - UncoveredType: Single FamilyLiving Area: 1456.0 ft²Floors: 1Lot Size: 0.0 ft²HOA/Maint: 0
Description

Nice size corner lot home with ample space for renters and easy cash flow. Moderate rehab with a few things beyond cosmetic but nothing crazy. Good size rooms for the most part. Garage converted into two rooms, one of which can be good storage space. Definitely a cash flow deal in a cash flow part of town.
The ROI Breakdown
Monthly Rent $900.00
Rents x 12 months $10,800.00
2012 Taxes $977.40
Insurance Estimage $600.00
Property Mgt 9% average $972.00
Net Annual Cash $8,250.60
ROI 15.28%
Some comps to show the area:
3986 Brookcrest Cir 58000 - 11/16/2012
4035 Brookcrest Cir - 50000 - 9/7/2012
3696 Tulip Dr - 48000 - 8/6/2012
3743 Brookcrest Circle - 47000 - 8/1/2012
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12/22/2014 6:33:52 AM UTC