Investorlift

30349, GA

30349, GA

30349, GA

$505,000 · ATLANTA, GA 30349
Tight for flippers · Landlords would lose money

Available

$505,000Asking price

4 bd · 3.5 ba · 3,960 sq ft · built 2008

ATLANTA, GA 30349

No contract on file

Price Drop

via InvestorLift Classic

Listed Oct 28

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $560,000
Asking price: −$505,000
RepairsMiddle of the seller’s $2,500 – $7,500. Ours: $51,000 – $106,500: −$5,000
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$48,265
Profit0.3% of ARV · flippers want 10%+: $1,735
Tight

Works for a flipper at $453,000 or less.

NEXKEY COLLECTIVE

Ur Creative Solutions LLC - Raymond Velasquez

No reviews yet

Comps

Sales

Rents

ARV $560,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

Ur Creative Solutions LLC - Raymond Velasquez

No reviews yet

Seller Description

Sub-To deal in ATLANTA, GA 30349

4 beds / 3 baths / 3,960 sqft / Built 2008

Entry: $25,000+ CC
Mortgage balance: $391,275
Rate: @5.625%
PITI: $3,379
HOA: $120/mo
Seller carryback: $83,725 @0%, no monthly payment, balloon in 8 years

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ARV $560,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $569,000.

The sales behind this value are shown to members.

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Investorlift
GA
Atlanta
30349
ATLANTA, GA 30349

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