[INSTANT CASH FLOW] Renovated Ranch in the Heart of East Atlanta

2034 Brannen Rd SE, Atlanta, GA 30316

$255,000 After Repair Value -
$232,500 Asking Price -
$0 Cost of Repairs =
$22,500 Potential Profit

Property Details

Asking Price $232,500

After Repair Value $255,000

Costs of Repairs $0

Potential Profit $22,500

Living Area 1104 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $19,200

Yearly Expenses N/A

Property Taxes $1,909

Net Operating Income $17,291

Cap Rate 7.6%

Property Description

Excellent tenants paying $1600/mo! Low maintenance home, home warranty included. Newly renovated with bright and sunny new windows with all of your hidden touches brought to mind, this 3 bedroom, 2 bath home nestled in the heart of East Atlanta As you enter the front door, you are greeted with a large and open living room and dining room areas which feature the original, restained hardwood floors, delicately placed recessed lighting and hand-picked light fixtures. As your journey continues, you will enter the kitchen which had chefs in mind. The Spanish tile backsplash contrasts with the granite counters and perfectly white cabinets. You will be amazed by how much storage this kitchen has to offer. The appliances include a range, built-in microwave and dishwasher. Beyond the kitchen and as you exit the home, you will find a large back deck which leads you to a large and level, partially fenced back yard. The hallway bathroom is highly stylized with contrasting shower tile adding dimension through combining patterns. The master bedroom suite is large and private. The bath too features stunning tile chosen for its beauty along with the ease of cleaning. All the features that a long term tenant could want and need!

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