Single Family Home for sale by owner in Lawrenceville, GA 30046. This is a wood siding ranch style home which was built in 1985. Home offers 3 bedrooms and 2 full baths along with 2 bonus rooms in the area that would be a garage. Total living space of 1900', sits on a private .5 acre lot and is located in nice Lawrenceville family neighborhood. Recommended repairs for rental include outside pressure wash, landscape, re-roof, exterior/ interior paint, add fridge, new flooring, misc. repairs, est. rehab $10k - $12k. Tax value of $76,100 with 2011 taxes of $1375! The home last sold on 7/8/99 for $107,900. Recommend keeping this house as a rental with strong rent rates of $950 - $1000 / mth or net ROI of 14% plus back-end equity when you sell. Contact: Kevin Morice @ 678-427-7700 www.ThisGreatHouse.com Lockbox code is OCN! Net ROI - $975x12 = $11,700 rents Annual Taxes = $1375 Est. Insurance = $600 Property Mgmt. = $97/mthx12= $1170 Net Annual Cash = $8555 or 14%+
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