Cheap Lithia Springs GA Deal --Triple Threat

  • House
    1056 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $50,000
    Status : Available
    Year Built : 1958
 Description
2/1 SFR with multiple exit strategies;
Fix, add square footage & flip
Fix & Hold
Tear Down and build two (2) properties

ARV: 220-300k
Bed/Bath:  2/1 
Sq. Ft. = 1,056
Total Lot Sq. Ft. = 20037
 Rehab Work Needed
  • Air Conditioning
  • Appliances
  • Bathroom
  • Bedroom
  • Electricity
  • Fence
  • Heater
  • Kitchen
  • Light Fixtures
  • Living Room
  • Master Bedroom
  • Open Floor Plan
  • Paint Exterior
  • Paint Interior
 General Amenities
 Distance

 Summary

Overview
Cheap Lithia Springs GA Deal --Triple Threat Flip/Rental
$50,000
Property ID: GA190616859
Address: Login to View
City: Lithia Springs
State/Province: GA
Zip Code:
Country: USA


Rental Analysis

+ Purchase Price: $50,000
+ Purchase Closing Cost: $750,000
+ Rehab Cost: $30,000
Total Acquisition Cost: $830,000


Monthly Rent: $0
+ Annual Potential Rent: $0
- Vacancy (0%): $0
Annual Gross Income: $0
Annual Gross ROI: 0%


Flip Analysis

+ Purchase Price: $50,000
+ Purchase Closing Cost: $1,500
+ Rehab Cost: $75,000
Total Acquisition Cost: $126,500


+ Selling closing cost: $6,600
Total Holding Cost: $6,600


Total Flip Cost: $133,100
Projected ARV: $220,000
Net Income (Profit): $86,900
CAP Rate: 65.29%

 Message

5 + 1 = ?