Property Details


Investment property: Austell, GA 30168

Address
Austell, GA  30168
County Cobb
Subdivision
Bedrooms 3
Bathrooms 2
SqFt 1680
Stories 2
Garage

Price $ 66900
Repairs $ 15000
ARV $ 115000
Loan To Value 71.22 %
Equity $33,100
Description Gorgeous home in Austell, GA! Home has 3 bedrooms and 2 bathrooms. Other features include a 2 car garage, a living room/dining room combo, family room with fireplace, unfinished basement that is stubbed & ready to finish, and a deck. Home is getting fresh paint, new carpet/flooring, brand new appliances, new fixtures, and updated kitchen and bathrooms. Located in a mature, stable neighborhood. Only 25 minutes from Downtown Atlanta. Easy access to major roads and highways. Current Tax Assessment = $132,210! Price = $66,900 Repairs = $15,000 Total Sales Price = $81,900 Approximate Down Payment = $16,380 Approximate Financed Amount = $65,520 Approximate Monthly Payment = $592 Projected Monthly Rent = $995 Projected Property Management = $80 Projected Cash flow = $323 Potential 23% Yearly Cash on Cash Return! Potential $33,100 profit on sale of home!

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Comps


Address 6788 Ivy Log Dr
Austell, GA 30168

3 BR / 2 BA
1704 Sq. Ft.
Last Sold On: 03/17/2010

Sales Price: $134,900

Address 6797 Ivy Log Dr
Austell, GA 30168

3 BR / 3 BA
1717 Sq. Ft.
Last Sold On: 10/08/2009

Sales Price: $145,000

Address 1095 Blair Bridge Rd
Austell, GA 30168

3 BR / 2 BA
1749 Sq. Ft.
Last Sold On: 03/03/2010

Sales Price: $105,000