High Cash flowing WATER FRONT CONDO. Set up as two units... One unit is a 3 bedroom, 2 bath... And the other is a 1 bedroom, 1 bath. Some TLC needed... to the tune of $8k10k, primarily cosmetics. Monthly HOA is $211 which includes insurance, lawn maintenance, access to clubhouse, lake and gated community, exterior maintenance, garbage pickup, grounds maintenance, and pest control. Close to shopping, public transportation and resturants. The area is being redeveloped and 10 minutes from the Airport (Hartsfield/Jackson). Excellent for travelling airline personnel. A Diamond in the Rough. Similar units are renting for 600 & + $400 respectively. ROI Breakdown$25,000........ All In To Property (Basis)$12,000........ Rents ($1,000/mo)$2,532.......... HOA$1,200.......... Management (10%)$600............. Taxes (2013 - $594.76)$7,668........ Net Annual Cash...... 30% ROITo Receive More, Non-Listed, Discounted Properties, via email; Visit Us At: www . GeorgiaDiscountProperties . com
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