Property Details
(Click on photo for more information)
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$
54000
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$
17500
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$
104000
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68.75 %
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$32,500
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Spacious home in Lithonia, GA with 3 bedrooms and 2 bathrooms! Features include a family room with fireplace, living room/dining room combo, a pantry in the kitchen, a patio area, and a 1 car garage. Home will be receiving new carpet/flooring, fresh paint, new fixtures, new appliances, and updated kitchen and bathrooms. Located in a well established neighborhood and only about 25 minutes to Downtown Atlanta. Close to schools and easy access to major roads and highways.
Price = $54,000
Repairs = $15,000
Total Sales Price = $69,000
Approximate Down Payment = $13,800
Approximate Financed Amount = $55,200
Approximate Monthly Payment = $536
Projected Monthly Rent = $850
Projected Property Management = $68
Projected Cash flow = $246
Potential 21% Yearly Cash on Cash Return!
Potential $35,000 profit on sale of home!
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