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$
62000
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$
15000
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$
120000
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64.17 %
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$43,000
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Fantastic one story ranch home with 3 bedrooms and 2 bathrooms on 2 acres of land!! Located in a quiet, stable neighborhood. This charming home features a front porch, a spacious great room with fireplace, a dining area off of the kitchen, a screened porch, and a deck! This home is being completely updated with fresh paint, new carpet/flooring, new fixtures, new appliances, and updated kitchen and bathrooms! Home is located in Gwinnett county close to Norris Lake. Close to shopping and dining with easy access to major roads.
Total Current Assessment = $174,500
Last Market Sale in 2002 = $153,000
Sales Price = $65,000
Repairs = $15,000
Total Sales Price = $77,000
Approximate Down Payment = $15,400
Approximate Financed Amount = $61,600
Approximate Monthly Payment = $595
Projected Monthly Rent = $895
Projected Property Management = $72
Projected Cash flow = $228
Potential 17% Yearly Cash on Cash Return!
Potential $43,000 profit on sale of home!
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