$200,000 · STONE MOUNTAIN, GA 30087
Works for flippers · Landlords would lose money

Available

$200,000Asking price

3 bd · 2 ba · 3,424 sq ft · built 1972

STONE MOUNTAIN, GA 30087

No contract on file

via InvestorLift Classic

1 view · listed Nov 3

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $300,000
Asking price: −$200,000
RepairsMiddle of the seller’s $25,000 – $45,000. Ours: $89,000 – $160,000: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$22,093
Profit14.3% of ARV · flippers want 10%+: $42,907
Works

Works for a flipper up to $212,000.

TRINITY EQUITY HOMES

Art Sanchez

No reviews yet

Comps

Sales

Rents

ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $422,000.

The sales behind this value are shown to members.

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

TRINITY EQUITY HOMES

Art Sanchez

No reviews yet

Seller Description

Great opportunity for investors! This 3-bedroom, 3-bathroom home was built in 1972 and offers 1,712 sq. ft. of living space, along with a full basement featuring an additional 1,712 sq. ft. of space. The property also includes a swimming pool that will need to be redone, providing an opportunity to update and improve the outdoor area. The home offers plenty of space and potential for an investor looking for their next project. With the full basement and existing pool, this property has room for improvements and added value. Property Highlights: 3 bedrooms / 3 bathrooms Built in 1972 1,712 sq. ft. of living space 1,712 sq. ft. full basement Septic system Swimming pool needs renovation Great investment opportunity