Just Remodeled. Looks Amazing.
Turn Key
Tenant In Process 
Professionally Managed
13% Projected Passive Cash Return !!

3597 Concordia Drive
Decatur, GA 30034

$55,000

Special Pre-Tenant Price. This home is currently being marketed for rent. Close prior to lease signing and get a reduced price.  $59,000 with tenant in place. 

This home has 4 bedrooms, 2 & 1/2 bathrooms, 1,794 sq ft. A complete remodel was just completed on June 1, 2012 and a renter is in the process of being placed for a target rent of $900/month with professional property management. The perfect home for the investor. All brick construction with vinyl siding is sturdy and low maintenance. Real Quality Hardwood Floors and Ceramic Tile throughout the home are sturdy and low maintenance as well. They also add a quality and charm to the home. The home sold for $132,000 in 2003.Don't Miss Out...


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A well qualified renter will be placed in a one year lease at approx. $900/Month by a top property management company.

 

THE NUMBERS

Projected Return for 2012

Rent Income

$900



Yearly

$10,800

Projected Prop Tax 2012

$74

Yearly

$888

Prop Mng

$90

Yearly

$1,080

Insurance

$50

Yearly

$600

Vacancy 5%

$45

Yearly

$540

Maint reserve

$30

Yearly

$360

Net Return

$611


Yearly Net Return

       $7,332

Net Return before write-offs

13.33%

and appreciation

 

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RECENT IMPROVEMENTS

  • NEW ENTIRE ROOF
  • NEW KITCHEN IN-COUNTER APPLIANCES
  • NEW KITCHEN COUNTERTOPS
  • NEW KITCHEN CABINET PAINT
  • NEW CARPET
  • NEW BATHROOM FLOORING TILE
  • NEW BATHROOM VANITY AND SINK
  • NEW PAINT THROUGHOUT ENTIRE HOME ON WALLS, CEILINGS TRIM AND CABNETRY
  • NEW LIGHT FIXTURES
  • NEW PLUMBING FIXTURES
  • MANY OTHER REPAIRS AND UPGRADES




*All Brokers Protected*
Finders Fees For Referrals

Need more info ?
Contact Anthony Dadlani
646-875-8590



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