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
10.7%
Cash-on-cash · 70% LTV
18.1%
Purchase price$185,000
Net cap rate10.7%
Gross cap rate17.6%
Monthly cash flow$998/mo
Underwriting numbers are estimates based on local market data. Buyer must perform their own diligence.