4 Bed 4 Bedroom Detached House for Sale in Lithonia | Georgia
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Detached Description
4 BEDROOM, 3 BATHROOM DETACHED HOUSE PROVIDING HIGH YIELD RENTAL INCOME 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 = $69,348 / €51,750 / £44,837
KEY POINTS:
Tenanted at $995 per month
TOTALLY REFURBISHED THROUGHOUT
Income and CASH FLOW FROM DAY 1 of purchase
6 Months Maintenance Free 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 beautiful spacious detached house is like brand new, it has been totally refurbsihed throughout, 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 4 bedrooms, 3 bathrooms, living room, dining room, fully fitted kitchen with brand new appliances, integral garage, large fenced in garden and a driveway. The property measures 1,950 sq ft of build and has a newer roof less than 2 years old, new HVAC system, updated electricals throughout, new quality carpets and flooring, new hot water heater, remodelled bathrooms, new interior doors and has been redorated throughout.
TENANTS & RENTAL:
The property has new tenants moving on on 1st December on a renewable 1 year lease paying $995 rental a month. Strict tenant screening standards carried out by the Property Management Company ensure regular income for years to come. The property also comes with a 6 months maintenance free guarantee.
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, etc. Properties are fully managed locally for ´hands off`ownership.
CASH FLOW ANALYSIS:
Total cost to purchase including all purchase costs and legal fees = $69,348 / €51,750 / £44,837
Rental Income:
$995 monthly / $11,940 annually
Property taxes: $74 monthly / $888 annually
Hazard Insurance: $50 monthly / $600 annually
Management fee: $59 monthly / $708 annually
CASH FLOW: $812 monthly / $9,744 annually
NET CASH FLOW PER ANNUM = $9,744
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: $1.34=€1 $1.55=£1
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Approximate price of this 4-Bed 4 bedroom detached house
€55,275 EUR |
£44,237 GBP |
US$69,348 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
4 bedroom detached house |
| Bathrooms |
3 |
| Bedrooms |
4 |
| Category |
Re-Sale |
| Listed |
over 6 months ago |
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Map of Lithonia, Georgia, United States
Towns located close to Lithonia, United States
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Similar Properties in or near Lithonia
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Price: US$69,348
Currency in United States
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Latest Property News in USA
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Price of Property in Lithonia, USA
| (All prices in EUR) |
Lithonia |
Lithonia |
Lithonia |
| Detached |
69,348 |
69,348 |
69,348 |
69,348 |
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* Calculations based on 1 properties for sale in Lithonia and 1 properties for sale in USA |
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Looking to buy property in Lithonia, DeKalb County, Georgia, United States?
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