Atlanta, GA SUBTO📍 3/1 SFH Cashflows LTR 💪 Only $25k Down!!

Fulton County, Atlanta, GA, 30349
Sold
Listed at: July 27th, 2024
Price
$25,000
ARV
$300,000
Gross Margin
$275,000
Sq. Footage
1328
Type
Single-Family
Parking
Garage
Year build
1957
Lot size
1.06 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🚨 SUBTO ALERT 🚨

Discover an unparalleled investment opportunity nestled in the heart of Atlanta with this enticing subto deal. Boasting a remarkably low 4.75% interest rate and under 8.5% down, this property presents a prime chance for astute investors to secure a lucrative asset in a thriving real estate market. Situated on a 1.06-acre lot, this offering not only ensures generous cashflow potential but also guarantees ample space for future development or expansion, making it an ideal prospect for investors looking to capitalize on Atlanta's burgeoning real estate landscape.

☑️ PROPERTY DETAILS:

ℹ️ 3 bd

ℹ️ 1 ba

ℹ️ 1328 sqft

ℹ️ 1.06 acre lot

ℹ️ No HOA

ℹ️ Minor cosmetic repairs

 

☑️ DEAL BREAKDOWN/OPPORTUNITY:

💪 Deal Type: Subto

🔹 $25k down

🔹 $219k mortgage balance

🔹 $1984.90/month total payment.

Will go down $300-$400 once escrow shortage of $2000 is paid off in ~8 months, 

or can be paid in full at closing

🔹 Total purchase price: $244k

💸 Rents: $2000-$2350

💸 STR: $40k/yr

See the Mortgage Statement Attached in "Documents" Below!!

 

Unlock the potential for long-term financial growth with this exclusive subto deal, where the competitive interest rate of 4.75% serves as a catalyst for maximizing profitability. Embrace the strategic advantage of owning a substantial 1.06-acre lot in Atlanta, a vibrant city renowned for its economic dynamism and real estate opportunities. Only $25k Down!! 🔥🔥 First come first serve - call 770-778-6565 for more info 🤝

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Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jonathan Deakins

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