This house is a steal no matter what you choose to do with it! Buy-Fix & Sell this Marietta 4-sided brick ranch for quick profits of well over $30,000 or hold for long-term wealth with a 12% cap rate! Many updates are already completed such as kitchen cabinets, counter tops, flooring. Just freshen up the paint and update the bathrooms and this property is a deal that works well for any exit strategy.Property information:2208 Earwood Dr., Marietta, GA 30060Purchase Price: $65,0003/21431 sqftbuilt in 1965$120,000 ARV~$8,000 in repairs: update both bathroom tub surrounds, update light fixtures, interior paint, floor repairBuy Fix Sell Analysis:ARV $120,000repairs $8,000price $65,000Profit: $40,000+Rental Analysis:price $65,000repairs $8,000annual income $12,000annual expenses $2400Cap rate 12%recently sold comparable houses:2236 Earwood Dr - 3/2 - 1965 - 1656 sqft - renovated - sold for $120,000 on 5/9/142224 Earwood Dr - 3/1.5 - 1966 - 1377 sqft - needs updating - sold for $77,000 on 3/7/142217 Lynn Dr - 3/1.5 - 1960 - 1404 sqft - HUD listing - sold for $65,000 on 4/14/14Call Regina and Chad today!678-439-9159404-579-5149
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