Transaction Highlights
- Address: 9312 Forest Knoll Ct, Jonesboro, GA 30238
- Repairs: depends on exit strategy
- Inspection: Thursday, Feb. 22nd at 11 AM ET
- Asking Price: $49,900
- Market Rent: $1,000 to $1,150
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Videos <<
- Sketch: >> Click Here For Sketch <<
Opportunity Description
The contract for 9312 Forest Knoll Ct, Jonesboro, GA 30238 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of almost 32% or greater with the contract for this property. Good, but not great, renovated homes like 9473 Forest Knoll Dr have sold for as much as $102,500. In years prior, similar homes in this neighborhood sold for upwards of $120,000 and more. This means your potential resale could be significantly higher for an excellent renovation or space addition.
Landlord investors can expect rents of $1,000 to $1,150 or more generating substantial positive cash flow. At the low end of this rental rate, landlords would earn cash-on-cash returns in excess of 16%!
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! Please RSVP for the inspection and walkthrough taking place this Thursday, February 22nd at 11 AM ET to learn more about this opportunity.
Note: this property is tenant occupied. Do not disturb tenant. Drive-by’s only or RSVP for inspection this Thursday, February 22nd at 11 AM ET