Perfect 2 story home in hot Norcross! Has new painting, tile floors, large master bedroom/bathroom, updated look throughout the house and ready for a new tenant. Nice little enclosed covered porch outside the Kitchen, full basement with tons of storage area or rec room. You can literally close on the house, and rent immediately without lifting a finger and get an immediate ROI and built in equity. Need to sell now! Fantastic landlord deal here.Purchase: $88,900Repairs: $0.00Closing Costs: $1,000Total Investment: $89,900Rental income $1050 x 12 months = $12,600less Taxes: $1600less Insurance $550Net Income: $10,450 / $89,900 = 11.75% Cash on Cash Return!orSell on Lease Purchase and get a down payment plus rental income, your choice.
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