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Newton County, GA

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Newton County, GA

$115,000 · COVINGTON, GA 30016
Works for flippers · Works for landlords

Available

$115,000Asking price

3 bd · 2 ba · 1,437 sq ft · built 1930

COVINGTON, GA 30016

No contract on file

Price Drop

via InvestorLift Classic

4 views · listed Nov 3

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $205,000
Asking price: −$115,000
RepairsMiddle of the seller’s $35,000 – $40,000. Ours: $43,000 – $77,500: −$37,500
Loan, holding, closing20% down, 12% interest, 2 points, 75 days: −$13,708
Profit18.9% of ARV · flippers want 10%+: $38,792
Works

Works for a flipper up to $132,000.

HOME CASH OFFER PROS LLC

Tre Stephens

No reviews yet

Comps

Sales

Rents

ARV $205,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $139,000.

The sales behind this value are shown to members.

ARV $205,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HOME CASH OFFER PROS LLC

Tre Stephens

No reviews yet

Seller Description

Covington, GA SFH Under Market Value Investor Special!

Newton County Amazing Potential

Property Highlights:

5670 Salem Rd Covington Georgia 30016

3 bed 2 bath 1,437 sqft

Property needs a full interior renovation and updating throughout.

Roof- 7 years old

Kitchen & Bathrooms – needs updating

Plumbing and Electrical- in great shape

HVAC- 3 years old

Central AC- 5 years ago

ACCESS AVAILABLE!

Call Tre for access (470) 470-9837

Numbers:

ASK: $120,000

ARV: $205,000

Pictures:

https://drive.google.com/drive/folders/1joPXe7Uv3SEumee7K9D1xE45d0VS-gxo?usp=drive_link

AMAZING OPPORTUNITY

Won't Last!!!

Buyer to pay all closing costs for buyer and seller side

Contract is in place direct to seller. Do not attempt to contact Seller directly. House is being sold in as-is condition. Buyer to do their own due diligence. EMD is due within 24 hrs of ratified contract

CALL OR TEXT Tre: 470-470-9837

Tre@HOMECASHOFFERPRO.COM