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8101 Par Four Way
Lithonia, Georgia - 3 Bedroom / 2.5 Bathroom / 1202 SQFT / Condo
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Wholesale Price: Only
49900
Est. Replacement 132220
Price / SQFT
$42
Est. Replacement /SQFT 110
  Monthly Annually
Est. Rental Income 725 8700
Property Taxes 27 318
HOA Fees 125 1500
Hazard Insurance 0 0
Management Fee 44 522
Cash Flow 529 6348
Est. Net Yield
13%

This 3BR/2BTH condo was built in 2003 and sold post construction for 84.9k.  Sales peaked out near 120k for comparable products in this neighborhood.  The property was owned by the same owner occupant until the recent foreclosure.  The property is 15 miles East of Downtown in Lithonia, which is one of the strongest rental markets around Atlanta. Downtown Government and Business offices, Decatur Business District and the local service sector are the main employers.  The HOA fee includes exterior/liability insurance, water, trash and common areas landscaping. 


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