- Address: 3554 Adkins Rd NW, Atlanta, GA 30331
- After Repair Value: $100,000
- Repairs: see images below
- Asking Price: $39,900
- Rent: $1,000 (Market) to $1,260 (Sec. 8)
- Layout: >> Click Here To See Layout Sketch <<
- Videos: >> Click Here To See Videos <<
- Pictures: >> Click Here For Pictures <<
Opportunity Description
The contract for 3554 Adkins Rd NW Atlanta, GA 30331 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of 25.5% or greater with the contract for this property. Renovated homes with only two bedrooms (versus our subject property’s three bedrooms) like 718 Fairburn Rd have sold for $105,000. Move-in ready homes that are not completely renovated like 3640 Fairburn Pl have sold for $96,000. This implies that a completely renovated three bedroom home would likely sell at a premium to the available comparables sold making your potential profits even larger than anticipated!
Landlord investors can expect market rents of $1,000 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 15.0%! Another rental strategy exists by making this house a Section 8 rental and collecting rents of up to $1,260 on a government guaranteed basis. This would skyrocket your returns to 25.5% a year providing crazy amounts of secured free cash flow.
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! Contact us today to learn more about this opportunity by texting us at (404) 800 9782 or emailing us at buyers@idealpas.com.