✔Asking: $130,000

✔ARV: $230,000

✔Repairs: $30,000

✔Estimated Flip Gain: ~30%

✔Estimated CAP Rate: 9-10%

✔Rental Estimate: $1375/month

Roof - 5 years old

Water Heater - 5 years old

HVAC - 1 year old

3 beds

1 baths

983 sq ft

1920 build

.31 acre lot

Tenant occupied, but vacant at closing

Access by appointment (Contact Michael Chung)

On a double solid line and is on septic

Property Features:

✔This cozy home is located minutes to the Atlanta Beltline, walking distance to the famed Ron Clark Academy Southbend Park and Lakewood Amphitheater.

FMLS Comps in a .75 mi radius closed in last 180 days:

2162 Jernigan Drive SE - $131,000 (Off-Market)

2075 Meador Avenue SE - $175,000 (Off-Market)

2233 Carey Drive SE - $180,000 (2beds,1bath)

2035 Meador Avenue SE - $220,000

1931 Meador Avenue SE - $250,000

2246 Burroughs Avenue SE - $260,000

354 Adelle Street SE - $299,000

361 Adelle Streeet SE - $300,000

3 bed 1 bath rental comps in a 1.5 mi radius closed in last 240 days:

2155 Meador Avenue SE - $1,395/mo

2131 Meador Avenue SE - $1,350/mo

2168 Polar Rock Place SW - $1,390/mo

2224 Polar Rock Avenue SW - $1,450/mo

2930 River Ridge Drive SE - $1,395/mo