- GBP Price: £36,284
- EUR Price: €44,920
- USD Price: $57,650
- GUARANTEED RENTAL PROPERTY
- TENANTED AT $800 PER MONTH
- INCLUDES 1 YEAR HOME WARRANTY
- COMPLETE TURN KEY RENTAL PROPERTY
- BUILT IN 2008 ONLY 3 YEARS OLD
- FULLY MANAGED BY MANAGEMENT COMPANY
- ATLANTA IS RANKED AS NO.1 RENTAL MARKET IN USA
REF: CPI - ATLANTA AT1
3 BEDROOM, 2 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 = $57,650 / €39,942 / £34,938
ABOUT THE PROPERTY:
This 3 year old property is situated in a desirable and established neighbourhood, close to schools, shops and bus routes and in an area of predominately blue collar workers.
There are 3 bedrooms, 2 bathrooms, living room, fully fitted eat-in kitchen, laundry room and a wooded back garden with private driveway. The property measures 1,050 sq ft of build and was refurbished throughout only a few weeks ago and included: new roof, windows, fully fitted kitchen, flooring, plumbing, electrics, energy efficient appliances, hot water tank and redecoration.
TENANTS & RENTAL:
The property will be tenanted by the Property Management Company before closing at $800 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.
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 = $57,650 / €39,942 / £34,938
NET CASH FLOW PER ANNUM = $7,470
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.
All prices are calculated at the following currency conversion rates: $1.44=€1 $1.65=£1