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Mableton, GA

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Mableton, GA

$43,000 · MABLETON, GA 30126
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Available

$43,000Asking price

4 bd · 3 ba · 1,864 sq ft · built 1940

MABLETON, GA 30126

No contract on file

via InvestorLift Classic

6 views · listed Sep 25

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No verdict until the price, the value and the repairs add up

The Numbers

Listed priceFar under the value. It may be an entry fee, not the price.: $43,000
Listed ARVFrom the listing: $366,500
Our repair estimateFor this home’s size, ZIP and condition: $0 – $16,500

No profit or return is shown until these add up.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $366,500

From the listing

The seller picked no comps. Investimate’s own value for this home is $272,000.

The sales behind this value are shown to members.

ARV $366,500

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Seller Description

Property Details:

Address: 5412 Peak St, Mableton, GA 30126

Bed/Bath: 4 Bed / 3 Bath

Square Footage: 1,748 sqft

Year Built: 1940

HOA Restrictions: No HOA

Multi-Unit: No

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Entry Fee (11.76%): $43,000 + CC + TC

Purchase Price: $365,500

Subto Terms

Mortgage Balance: $322,500

Rate: 7.75%

PITI: $2,832.04

Monthly Payments:

PITI: $2,832.04

Total Monthly: $2,832.04

Exit Scenarios:

Est. Average LTR: $2,223

Est. Average STR: $3,192

Additional Details:

First mortgage of $312, 418.71 @ 7.75%

Second Mortgage of $10,475.40 @ 9.75%

Bringing total to $322,894.11

9,147 Square Feet Lot
2 units: 4 bed/2 bath & 1 bed/1 bath
Both units cash flow - LTR
Fully updated with new electrical, plumbing, central air, two HVAC systems, windows, and a tankless water heater
No rental restrictions or HOA

Exit Strategies:

Co-Living (Easily Modify to create 7 rooms to Rent by Room)
Use the Lot to add an RV, Boat, or ADU to increase the income
Vacant at Closing
CONTACT:
For additional property details, walkthrough instructions, or to submit an offer, please contact:
Mike Graham
NexKey Collective
Phone: (917) 746-5159
BUYERS, PLEASE CONDUCT YOUR DUE DILLIGENCE