The property consists of 2 level acres with three houses, making it well suited for a BRRRR strategy. After acquiring the property, each house is rehabilitated to increase its market value and rental appeal. Once renovated, the homes are leased to tenants, generating rental income. The improved value and stabilized cash flow can then support a cash-out refinance, allowing the investor to recover much or all of the initial capital while retaining ownership of the income-producing assets. The refinanced proceeds can be used to fund future acquisitions, repeating the process over time.
24 days
|
119
|
1
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Barbara A Williams678-664-6588,
Johnson Real Estate Agency
Source: GAMLS,MLS#: 10794942
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3
Rooms
Room types: Other
Heating
Electric
Cooling
Electric
Appliances
Included: Other
Laundry: None
Features
Other
Flooring: Other
Basement: None
Has fireplace: No
Interior area
Total structure area: 0
Finished area above ground: 0
Finished area below ground: 0
Property
Parking
Parking features: Off Street, Over 1 Space per Unit
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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