2447 Baywood Dr SE, Atlanta, GA 30315

CALLING ALL INVESTORS! Are you looking for a turnkey rental property with instant cash flow? Are you wanting to buy a property that provides you with solid equity? Then check out this wonderful four-sided brick ranch resting on about a half acre of level land in a well-kept peaceful neighborhood. This ranch is in absolutely terrific condition! No repairs needed at all! Featuring 3 beds, 1 full bath, and 1,040 sf of living space. Awesome kitchen! There is an attached carport and plenty of off street parking. The yard is amazing with pleasant landscaping in the front, huge back yard, storage shed, and just tons of curb appeal. Easy access to highways and close to several nice parks including Browns Mill Park, South Bend Park, and Lakewood Park. This is one of the most solid investment properties you can buy and it will provide you with instant equity. This property would sell retail for $95k right now! This property is tenant occupied paying $850 per month and the existing lease agreement increases the rent to $950 per month beginning on March 1st 2018. The tenant has been here for over a year and half and has a desire to stay. ***TENANT OCCUPIED - This property is shown strictly by appointment. Price: $73,000 Repairs: $0 ARV: $95,000 ROI: 12.3% NET ROI: Rents: $850/mo x 5 + $950/mo x 7 = $10,900 Gross Rents Taxes: $385/yr Insurance: $700/yr Prop Mgt @ 8%: $872/yr Net Rents: $8,943 / $73,000 cost base = 12.3% ROI Comparables: 100 Hillsdale Dr - SOLD - $89,900 on 4/28/17 240 Banberry Dr - SOLD - $123,500 on 7/31/17 317 Bromack Dr - SOLD - $137,500 on 7/17/17 This is a limited time opportunity - Call Today! THANK YOU