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Atlanta > Fulton County > Georgia > United States Detached Available

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House/Villa Description

DETACHED 3 BEDROOM, 3 BATHROOM 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 = $79,650 / €55,219 / £48,271

KEY POINTS:

  • Tenanted at $950 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 attractive detached property 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, 3 bathrooms, large living room and dining room, fully fitted eat-in kitchen, laundry room and a 2 car integral garage. The property measures 1,483 sq ft of build and was refurbished throughout only a couple of months ago and included: new windows, fully fitted kitchen with appliances, flooring, hot water tank and redecoration throughout.

TENANTS & RENTAL:

The property will be tenanted by the Property Management Company before closing at $950 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 deicated 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 = $79,650 / €55,219 / £48,271

  • Rental Income: $950 monthly / $11,400 annually
  • Property taxes: $74 monthly / $888 annually
  • HOA fees: $24 monthly / $288 annually
  • Hazard Insurance: $42 monthly / $504 annually
  • Management fee: $57 monthly / $684 annually
  • CASH FLOW: $753 monthly / $9,036 annually

NET CASH FLOW PER ANNUM = $9,036

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 Detached
€63,486 EUR | 
£50,808 GBP | 
US$79,650 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1076562 
Town Atlanta 
Region Fulton County 
Province Georgia 
Country United States  
Type Detached
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 6 months ago
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Price: US$79,650
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Purchase this House/Villa in Atlanta for

US$134p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Atlanta, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Atlanta USA Atlanta USA Atlanta USA
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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