🚨 SUBTO ALERT 🚨
Prime investment in Covington, GA, just outside Atlanta! This rent-ready property is poised for long-term rental success. At under 9% down, with a 5% interest rate and under $1,800 PITI, this deal's amazing terms are impossible to beat! The property needs little to no repairs and is ready for immediate occupancy, capitalizing on the strong tenant demand in this growing suburb.
☑️ PROPERTY DETAILS:
🔹 4 bd
🔹 2 ba
🔹 1,981 sqft
🔹 1984 build
🔹No HOA
🔹 Repairs: minimal cosmetic
☑️ DEAL BREAKDOWN:
👉 Deal type: Subto
🔥 $25k down
🔥 5.75% interest
🔥 $1,736.98 PITI
👉 $261k loan balance
👉 Purchase Price: $286k
🎈 No Balloon
☑️ OPPORTUNITY:
💸 LTR: $2200/month via RentCast
💸 STR: $40k-$50kyr ~ $3300-$4100/mo via Awning.com
💸 MTR: $4500-$6500/month via FurnishedFinder
💸 Padsplit/co-living: $550-$850 per room/month
🏡 Located in a quiet, peaceful suburb with rising development, Covington offers great potential for appreciation and stable rental income. Minimal upfront cost! Hassle-free! 👍 This subto deal is the perfect opportunity for both seasoned and first-time investors alike! 🤝 Don’t miss out on this crazy deal! First come first serve - call 770-778-6565 for more info 📞
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