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Great Deal in Gwinnett Priced Below $70k! (GWINNETT)
0BR apartment available aug 14
Snellville, GA 30039
Price: $69,900 cash only
This is a vinyl siding ranch style home with carport which was built in 1981. Home has 3 bedrooms with 2 full baths with 1176' of living space. Home is currently rented well below market at $750 per month.
This home appears to be well taken care so buy today and pocket rents tomorrow.
Tax value of $48,200 with annual taxes of $1032. Suggest increase rents to a minimum of $850 for this home. This is a better buy and hold type of deal! Should be able to retail well above $100k within the next couple of years.
Drive-by Only Occupied! Inspection allowed during DD!
Net ROI - $750x12 = $9000 rents
Annual Taxes = $1032
Est. Insurance = $600
Property Mgmt. = $60/mthx12= $720
Net Annual Cash = $7578or 11% ROI
Make an Offer!
- do NOT contact me with unsolicited services or offers