Town House on Sale in Atlanta | United States
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Townhouse Description
3 BEDROOM, 2.5 BATHROOM TOWNHOUSE RENTAL GUARANTEE INVESTMENT PROPERTY IN ATLANTA, GEORGIA, USA. A TURN-KEY INVESTMENT WITH CASH FLOW FROM DAY 1 OF PURCHASE.
TOTAL COST INCLUDING ALL PURCHASE COSTS AND LEGAL FEES = $72,650 / €50,358 / £44,029
KEY POINTS:
- Tenanted at $900 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
- 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 spacious 3 year old townhouse is like brand new, it has never been lived in, it is situated in a desirable and established community, close to schools, shops and bus routes and in an area of predominately blue collar workers.
There are 3 bedrooms, 2.5 bathrooms, living room, dining room, fully fitted eat-in kitchen, laundry room and a driveway. The property measures 1,462 sq ft of build and has new energy efficient appliances, hot water tank and has been re-painted throughout to freshen it up.
TENANTS & RENTAL:
The property will be tenanted by the Property Management Company before closing at $900 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 ´hands off`ownership.
CASH FLOW ANALYSIS:
Total cost to purchase including all purchase costs and legal fees = $72,650 / €50,358 / £44,029
- Rental Income: $900 monthly / $10,800 annually
- Property taxes: $92 monthly / $1,100 annually
- HOA/Community fees: $39 monthly / $468 annually
- Hazard Insurance: $42 monthly / $504 annually
- Management fee: $54 monthly / $648 annually
- CASH FLOW: $673 monthly / $8,076 annually
NET CASH FLOW PER ANNUM = $8,076
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 are calculated at the following currency conversion rates: $1.44=€1 $1.65=£1
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Approximate price of this 3-Bed Town House
€57,907 EUR |
£46,343 GBP |
US$72,650 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Town House |
| Bathrooms |
3 |
| Bedrooms |
3 |
| Category |
Re-Sale |
| Listed |
over 6 months ago |
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Map of Atlanta, Georgia, United States
Towns located close to Atlanta, United States
Similar Properties in or near Atlanta
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3 BEDROOM, 2 BATHROOM RENTAL GUARANTEE INVESTMENT PROPERTY IN ATLANTA, GEORGIA, USA.
A TURN-KEY INVESTMENT WITH CASH FLOW FROM DAY 1 OF PURCHASE.
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GUARANTEED RENTAL INCOME PROPERTY WITH TENANTS PAYING $950 A MONTH
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GUARANTEED RENTAL INCOME PROPERTY WITH TENANTS PAYING $900 A MONTH RENT, ALSO COMES WITH 1 YEAR HOME WARRANTY
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Price: US$72,650
Currency in United States
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Latest Property News in USA
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Price of Property in Atlanta, USA
| (All prices in EUR) |
Atlanta |
Atlanta |
Atlanta |
| Apartment/Flat |
49,900 |
15,500 |
49,900 |
1,305,000 |
- |
264,000 |
| House/Villa |
52,900 |
240 |
79,650 |
65,000,000 |
- |
242,990 |
| Townhouse |
64,650 |
23 |
72,650 |
6,400,000 |
- |
209,900 |
* Calculations based on 14 properties for sale in Atlanta and 5543 properties for sale in USA |
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