|
 |
 |
| Wholesale Price: |
Only
75900 |
| Est. Replacement |
183040 |
| Price / SQFT |
$46 |
| Est. Replacement /SQFT |
110 |
|
|
 |
| |
Monthly |
Annually |
| Est. Rental Income |
950 |
11400 |
| Property Taxes |
53 |
636 |
| HOA Fees |
15 |
180 |
| Hazard Insurance |
50 |
600 |
| Management Fee |
57 |
684 |
| Cash Flow |
775 |
9300 |
|
|
 |
| 3629 Emerald was built in 1995 and had the same owner for 15 years prior to our purchase. The home will be fully renovated as a turnkey investment product and marketed for less than its original sales price back in 1995. Neighborhood sales averaged
125k during the peak of the market. Extremely strong rental demand makes Decatur one of the most sought after areas for investors looking for rental product. The property sits about 10 miles East and slightly South of Downtown. Downtown Government and Business
offices, Decatur Business District and the local service sector are the main employers. |
|
|
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