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Investment property: Lithonia, GA 30058

Property currently occupied by a tenant in the process of moving out. Tenant currently paying $900, but Some basic repairs should get this one ready for your next tenant with market rent around $1200/month, or do some basic upgrades and shoot for an ARV of $150k+. Viewing Scheduled for 8/28/18...bring your contractor to estimate repairs. Wholesalers and agents, please add your fees on top of the asking price shown. Cash, hard money or private lending only. Buyer to pay all closing costs and property is sold in as-is condition. Please do due diligence prior to making an offer. Earnest money deposit of $2,500 required Preferred closing attorney is McMichael & Gray, PC Georgia Residential Partners, LLC Contact Adam at Adam@gainvesting.com Call/Text- 404-484-3024

Address 7007 N Shore Dr
Lithonia, GA  30058
County Dekalb
Year Built 0
Subdivision
Bedrooms 3
Bathrooms 2
SqFt 1646
Stories 1
Garage

Price $ 105000
Estimated Repairs $ 0
Estimated Retail Value $ 150000
Estimated Rental Income $ 1100
Estimated Property Taxes $ 0
HOA Fees $ 0

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Basic Purchase Information
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Equity at Purchase $

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at Closing *		 $
* This total does not include potential
escrow reserves for taxes & insurance

Mortgage Calculations
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Financial Performance Summary
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Assumptions for Calculations (Annual)
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Cash Flow and Equity Accumulation
CASH-FLOW MONTHLY YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
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Total Operating Income
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Insurance
Homeowners Association
Maintenance Reserve
Property Management
minus Total Operating Expenses
Net Operating Income
minus Mortgage Expense
GROSS CASH FLOW
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EQUITY (WEALTH)
 
TAX BENEFIT YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 10 YEAR 20 YEAR 30
Depreciation
Mortgage Interest

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