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Asking Price: $55,000

Win It Now: $60,000

Profit Potential:

• 3rd room that could easily be converted into a bedroom, simply add a closet as there are windows
• A 2/1/1008sqft house seven doors down on the same street sold $147,000 in December 2022
• Investor would be all in below 70% - Repairs at asking price

Occupancy: Vacant

Access: Lockbox (Contact Me For Code)

Contact: 

Michael@divesticventures.com

770-226-5512

1) Basic:

Bed/Bath: 2/2 (Easy 3rd bed addition)

Square Ft: 1300

Year Built: 1930

Water Source: Sewer

Parking: Driveway

Lot Size: .28 acre

2) Numbers:

Asking Price: $55,000

Win It Now: $60,000

ARV: $155,000 as a 3/2

Market Rent: $1300/mo as a 3/2

Property Taxes: $61/yr - 2021

3) Comps:

325 N 16th St: $147,000 Dec. 2022

.1 miles: 2/1/1008sqft

226 N 16th St: $154,500 Apr. 2022

.1 miles: 2/1/1015sqft

1205 Hillwood Avenue: $165,000 June 2022

.3 miles: 3/2/1305sqft

4) As-Is Comps to Investors:

1121 Lake Avenue: $65,000 Nov. 2022 (Fixer-Upper)

.2 miles: 3/1/1221/sqft

1106 Wright Street: $60,000 Nov. 2021 (Fixer-Upper)

.2 miles: 3/1/1536sqft