TURNKEY INCOME (Atlanta Cobb County Georgia)


Price: $80,000.00

Date Posted: 06-06-2017

Visiter Count: 147

Category: Real Estate

State Location: Atlanta Georgia

User ID #: Renee (37087)

Description:

2940 Grand Avenue, Atlanta, GA 30315
3 Beds 1 Baths 1,156 sqft *+ Built 1940
Purchase Price: $80,000
Repairs: $5,000
Rented: $825 /mo
EMAIL lzinvestor16@gmail.com
for more info

This is a 3 bedroom, 1 bathroom *(it has an addition that's not reflected in tax records) with a stable tenant and a property manager in place. The property manager can stay if required. Tenants pay $825 every month. The property was recently updated with new plumbing and electrical. Minor repairs required.

Rental Analysis:
Rent: $825 * 12 = $9,900
Property Mgmt: $990 (10% of rent)
Insurance: $300 (estimated)
Tax: $285 (2015 estimate)
Net Income: $8,325


Call: 732 581 6958


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