Friday, July 24, 2009

Cheap Homes available at Loganville (Loganville) $54000

JUST LOOK AT THIS PRICE!!! HUGE REDUCTION!!! WHAT AN OPPORTUNITY TO OWN INSTEAD OF RENT! WONDERFULLY PRICED INVESTMENT POTENTIAL! GREAT FAMILY HOME.

This is a vinyl siding ranch style home built in 1985 with a two car garage! The house sits on a .42 acre lot that backs up to pasture land!

This home offers 3 bedrooms with 2 full baths, feature include a formal dining room, large eat-in kitchen, all appliances included, wood interior doors and gorgeous kitchen cabinets. The house is really in decent shape needing very little work to be rent ready.

The following is estimated repairs to retail: interior paint - $2500, new flooring - $2500, new hot water heater - $750, some minor electrical repairs and new light fixtures, - $1500, HVAC - $4000 (might be ok but old), kitchen appliances and counters - $2000, bathroom updates - $500, pressure wash exterior - $250, misc. and landscaping - $1000. Total rehab expense to retail $12k to $15k! Much less for rental, probably less than $10k.

Tax value of $110,800! The home last sold for $119,300 on 11/14/03and has an as is value of $109k. In order to sell quickly, price at $99.9k after rehab and should be able to turn fast. Rent rate for this house will be $900-$950 per month.

Further details get in touch with Kevin morice @: 678-427-7700 www.thisgreathouse.com

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