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Homes for Sale in Decatur, GA
Decatur homes, condos, land, houses for sale, new homes and foreclosures.
found 9 listings. page 1 of 1
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Home for sale in Decatur, Georgia
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This is a wood siding Traditional style home which was built in 1993. Home has 4 bedrooms, 2.5 baths, formal living room, dining room and great room along with large eat-in kitchen. Total living space almost 2000'! Not in bad shape at all just needs some cosmetic work completed.
Recommended repairs for rental include exterior/interior paint, new flooring, new kitchen appliances, a few fixtures, new bathroom vanity tops and minor misc. repairs, estimated expense of $10k.
Tax value of $61,680 with 2011 taxes of $1446! The home last sold on 5/4/05 for $94,300. Recommend keeping this house as a rental with strong rent rates of $950 / mth or net ROI of 16% plus back-end equity when you sell.
Contact: Kevin Morice @ 678-427-7700
Lockbox Code is OCN !
Net ROI - $950x12 = $11,400 gross rents
Annual Taxes = $1446
Est. Insurance = $600
Property Mgmt. = $95/mthx12= $1140
Net Annual Cash = $8214 or 16%+
2457 Northmill Ln Decatur, Georgia 30035
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