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470-266-7621

michael@divesticventures.com

Home in 4 parcels away was flipped and sold for 290k in March 2022

Existing space and layout to convert half bath into full bath

1) Specs:

Bed/Bath: 3/1.5

Year built/Sq. Ft: 1962YB/1050sqft

Lot Size: .3 acre

Parking: Carport - 1 car

HOA: No HOA

Occupancy: Vacant at close

2) Numbers (Scroll Down For Comps):

Asking Price: $199,000

ARV: $285,000

Market Rent Estimate: $1500/mo

Rehab Info:

Roof: <10 years

HVAC:  Good working condition and recently serviced

Water Heater: Good working condition

Basement: Crawlspace

Sewer/Septic: Sewer

3) Comps:

1589 Austin Dr: $290,000 3 months ago

.1 mi (4 parcels away on same street) - 3/2-150sqft bigger

1778 W Austin Rd: $275,000 10 months ago

.3 mi-3/2-40sqft bigger

4) Our Preferred Closing Terms:

Attorney: Weissman Law

1 Walkthrough Pre-Binding

0 Days DD Post-Binding

$3-5k EMD within 24 hrs

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make contact with the owner will result in legal action.