You're all in for $34,150 on this 4 sided brick house, which leaves $24,850 equity waiting for you at the end. It needs a complete rehab on the inside and a new roof. That's a 71.5% cash on cash return. if you decided to rent it out($800 is standard for the area), thats' an ROI of 26.5%. The comps you see below are very conservative as one is a 3/1 and another is a 2/2 so your asking price will definitely go into a multiple offer situation at $62,000.CompsAddress Beds Baths Sqft. Year Price Sold Date Distance5795 Dunwoody Dr 3 2 1,409 1969 $51,000 12/19/2014 0.36 mi831 Laurel St 2 2 1,463 1954 $71,000 11/04/2014 0.55 mi5591 Highland St 3 1 1,033 1962 $66,500 12/11/2014 0.07 mi
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