206 Choctaw St, Warner Robins, GA 31088

- 3 BEDS, 1 BATH – 1,040 SqFt - Close proximity to Robins Air Force Base (Georgia's Largest Employer) – BIG YARD - ALL BRICK!!!This home is situated in a quiet and established neighborhood. It has two bonus rooms in the basement that can be made into an office and/ or workshops. It is within walking distance to local fast food locations, shopping, and banks. Repairs will include average interior cosmetics, exterior plumbing line replacement, roof repair, and some yard clean up/ landscaping.Similar units are renting for $650-$700/mo.Property Taxes: $596.03BREAK DOWN:Gross Operating Income (Rents): $675 x 12 months: $8100Maint & Misc (15% combined): $1215Taxes: $566.03Insurance: $500------------------------------------Net Operating Income (NOI): $5818.97Purchase Price: $19,900Repair Costs: $16,000Misc: $1,100------------------------------------Total Invested: $37,000 (59%)Equity: $22,615 (41%)Return On Investment (ROI)NOI: $5,818.97 / Total Investment: $40,000 = 14.5% (ROI)Subject and Comparable Properties (from GaMLS) S 206 Choctaw St 0 / /1.5 1 Good 1040 0.37 No 1957 1 103 Hudson Dr 0.74 mi / /2 1 Good 1053 0.26 360 No 1965 09/27/2012 $30,000 $28.492 116 Ruth Ct 0.60 mi 6/3/2 1 Excellent 1050 0.16 No 2000 08/31/2012 $65,700 $62.573 207 Kimberly Rd 0.71 mi /3/1.5 1 Good 1125 0.29 No 1966 06/01/2012 $59,000 $52.444 104 Stonehedge Dr 0.51 mi /3/1 1 Average 900 <1 No 1980 05/04/2012 $35,000 $38.895 227 Atrium Ct 0.47 mi /2/2 1 Good 1234 0.05 330 No 1985 03/06/2012 $27,500 $22.296 129 Stonehedge Dr 0.49 mi 4/2/1 1 Average 900 <1 No 1984 02/28/2012 $25,000 $27.787 109 Seminole Ave 0.20 mi / /1 1 Good 1152 0.45 No 1960 12/12/2011 $224,500 $194.888 217 Atrium Ct 0.52 mi 5/2/2.5 1 Good 1245 0.10 288 No 1983 11/18/2011 $70,000 $56.22To Join Our VIP BUYERS List, visit:www.YourNextRealDeal.com