OFF-MARKETSingle Family Residence
948 Reed Avenue
East Point
3 bd · 2 ba · 1,250 sqft
Acquisitions note
Solid opportunity in a strong submarket. Clean layout allows for an easy cosmetic turn.
Cap rate · unlevered
11.8%
Cash-on-cash · 70% LTV
21.4%
Purchase price$185,000
Net cap rate11.8%
Gross cap rate19.3%
Monthly cash flow$1,181/mo
Underwriting numbers are estimates based on local market data. Buyer must perform their own diligence.