Perfect Addition to a Rental Portfolio

Here are the numbers up front:

Purchase Price: $24,000
Rehab Budget: $32,000
All-In minus Holding Costs: $56,000

ARV: $89,900+
EASILY RENT IT OUT FOR $950.00 - 1050.00/mo (1.69-1.78%)

This was originally a 2/2, 1084 sqft. house but the original garage was converted into a third bedroom, bringing the total square footage to just under 1300 sqft. This house sits on just over a half an acre of fenced-in land. This house has damage from a kitchen fire and will need a new kitchen. According to the GC, here is what needs to be done to get the property rent-ready:

New windows
New laminate wood floor throughout
Drywall repair
New Kitchen
New Roof
Updated bathrooms
Minor landscaping

It is currently available to walk through and inspect.

If interested, contact Brandon at (678) 631-6101 or email brandon@atlhomes4cash.com

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Brandon Comer
Acquisition Manager
LinkedIn
678-631-6101

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