House/Villa Description

TOTAL COST INCLUDING ALL PURCHASE COSTS AND LEGAL FEES = $57,650 / €39,942 / £34,938

KEY POINTS:

• Tenanted at $800 per month
• 12 month RENTAL GUARANTEE INCLUDED
• Income and CASH FLOW FROM DAY 1 of purchase
• 1 year HOME WARRANTY included
• Completely TURN-KEY investment
• Built in 2008 (only 3 years old)
• Discounted prices with potential for HIGH CAPITAL GROWTH
• FULLY MANAGED by local Property Management Company
• Atlanta is ranked as the No. 1 RENTAL MARKET (Forbes Magazine)
• Atlanta is ranked 4TH BEST CITY IN AMERICA TO INVEST IN (CNNMoney.com)

ABOUT THE PROPERTY:

This 3 year old property is situated in a desirable and established neighbourhood, close to schools, shops and bus routes and in an area of predominately blue collar workers.

There are 3 bedrooms, 2 bathrooms,living room, fully fitted eat-in kitchen, laundry room and a wooded back gardenwith private driveway. The property measures 1,050 sq ft of build and was refurbished throughout only a few weeks ago and included: new roof, windows, fully fitted kitchen, flooring, plumbing, electrics, energy efficient appliances, hot water tank and redecoration.

TENANTS & RENTAL:

The property will be tenanted by the Property Management Company before closing at $800 per month and will include 12 Months Rental Guarantee as well as a 1 year Home warranty to cover major systems and appliances. Strict tenant screening standards carried out by the Property Management Company ensure regular income for years to come.

PROPERTY MANAGEMENT:

The Property Management Company are dedicated to enhancing the value of your investment and are devoted to providing the highest quality service to the investor. Their monthly management fee of 6% includes: tenant qualifying and screening, property inspections, maintenance, repairs, rent collections, bank deposits, bill paying, monthly accounting statements, access to personal online account system, etc. Properties are fully managed locally for ´handsoff`ownership.

CASH FLOW ANALYSIS:

Total cost to purchase including all purchase costs and legal fees = $57,650 / €39,942 / £34,938

• Rental Income: $800 monthly / $9,600 annually
• Property taxes: $88 monthly / $1,050 annually
• Hazard Insurance: $42 monthly / $504 annually
• Management fee: $48 monthly / $576 annually
• CASHFLOW: $623 monthly / $7,470 annually

NET CASH FLOW PER ANNUM =$7,470

FACTS ABOUT ATLANTA, GEORGIA,USA:

The capital city of the state of Georgia, Atlanta is the travel and business hub of the southeast USA. Home to the worlds most trafficked airport and ranked as the United State´s least costly city to do business. The Coca Cola Head Quarters are located in Atlanta. Atlanta boasts some of the strongest indicators for short term cash flow and long term capital growth. Inhabited by over 5.5 million people, the greater Atlanta area has been the fastest growing metropolitan market in the US for the past decade. Business and tax friendliness, combined with an exceptional year round climate, make this location one of the healthiest residential markets in America, commanding strong rents and low absorption rates for entry level housing.

• Forbes Magazine ranked Atlanta as the no. 1 rental market
• CNNMoney.com says Atlanta is the 4th best city in America to invest in
• Forbes Magazine ranks Atlanta as the 4th most affordable US market

Economic Rankings:

• 3rd in job growth
• 3rd for most Fortune 500 companies headquarters
• 2nd as America´s best cities to relocate
• 1st in US as least costly large city for business

All prices above are calculated at the following currency conversion rates: $1.44=€1 $1.65=£1

Like this? Then share with your friends and colleagues!