Buy and Hold in Macon, GA:
Great rental opportunity to add to your portfolio on this brick, 3bd/1ba, 888sqft home in Macon. It will need very few repairs. It already has a month to month tenant in place paying $500 a month. They would be willing to sign a long term lease and pay up to $525/month.
Asking Price: $20,000 OBO
Repair Cost: Under $2,500
ARV: $23,667
Rent: $500-$550
Comps:
- 2960 Jadan Pl.– Sold for $23,000 on 05/08/20
- 2841 Deeb Dr.- Sold for $22,000 on 08/03/20
- 2834 Jadan Pl. – Sold for $26,00 on 06/30/20
$2,000 Nonrefundable EMD