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Price per month Price Rent to
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$49.4K
4 beds / 2.0 baths

4BR/2BA Single Family House - Decatur

Wedgefield Circle
Decatur, GA 30035

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Below is a snapshot of this listing from Apr 22, 2014.
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Beds Baths Sq ft Price
4 beds 2.0 Ba 1,756 $49.4K
Updated 6 months, 3 days ago
Description

Rent $995 X 12 = $11,940 - (Taxes $729) - (Insurance $600) - (8% Mgmt $955)
$9,656 Net Rental Income / $59,800 = 16.1 % R.O.I.

FEATURES: Cosmetic repairs only (I did $15K grunt work for you, new 3 ton HVAC, new 30 yr. architectural shingles, all carpentry repairs, new deck, new doors, kt. opening, master bed rm. tray ceiling, trash out, site clean up. 10/30/12 $87,500 sale in same subdivision-Easterwood. Hardwoods throughout, fireplace in family room, formal lv. rm/dn. rm., utility rm, low risk retail deal.

REPAIRS: Gutters $900, ext/int paint $5,000, flooring $3,000, kt/ba update (countertop, vanity, toliet) $1,500, elec/plumbing fixtures $2,500-Total Repairs $12,900


Renovated Comps:
1. 4725 Riverwood Cir
100,000 on 11/14/12 (DOM 11)

2. 2268 Troutdale Dr
102,000 on 6/19/12 (DOM 17)

3. 1933 Copperfield Cir
87,500 on 10/30/12 (same subdivision)

4. 3595 Crown Point Ct
100,000 on 4/5/12

Property Amenities
  • Master bath
  • Year Built: 1967
  • Lot Size: 1
  • Parking Spaces: 1
  • Parking Type: Carport
  • Floor Covering: Hardwood
  • Heating system: Heat: forced air
  • Cooling System: Central
Unit Amenities
  • Attic
  • Balcony, Deck, or Patio
  • Basement
  • Fireplace
  • Porch
Terms

ARV $92,000 X 65% = $59,800 (purchase price & repairs)|Repairs: $12.900|Profit $29,700

Schools
Students who live in this home attend the following Dekalb School District (Unified School District) public schools*:
This home is within the boundaries of the following school district*:
District Type School District
Unified School District Dekalb School District
Surrounding Area Stats
Type This listing is priced
Zip Code 54% less than 30035 Homes for Sale
City 71% less than Homes for Sale in Decatur
County 80% less than DeKalb County Homes for Sale
State 79% less than GA Homes for Sale
Unified School District 76% less than Homes for Sale near Dekalb School District
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