Atlanta Flip Under $100k

Atlanta Flip Under $100k

3 bed 1 bath 888 sq ft Built in 1950 Single Family
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64
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
7/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

This 3-bedroom, 1-bathroom home in Atlanta is a prime opportunity for investors. We recommend cosmetic updates, replacing the roof, A/C, and electrical systems. We’ve budgeted for a complete interior refresh. With Section 8 rentals in the area reaching up to $2,700 for similar homes, this property is positioned well for rental income. Homes in Atlanta priced under $100K move quickly, so don’t miss out. Call your EquityPro Advisor today for more information.

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We recommend flip
Rent Flip
Rental Income
$2,500 mo. / $30,000 yr.
Investor Price
$99,900
Closing Costs to Buy
$3,500
Rehab Projection
$50,000
Utilities
$500
Property Insurance
$1,200 / yr.
Estimated Taxes
$177 / yr.
Property Management
$2,400 / yr.
Maintenance
$1,000 / yr.
HOA Dues
$0 / yr.
$25,223
Projected Income
16.39%
Estimated APY
After Repair Value
$235,000
Investor Price
$99,900
Closing Costs to Buy
$3,500
Rehab Projection
$62,150
Utilities
$500
Closing Costs to Sell
$9,675
$59,275
Projected Income
33.73%
Estimated ROI

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