DealDeckDealDeck
Subject ToSingle Family

๐Ÿก SUBJECT-TO in Atlanta, GA ๐Ÿ”ฅ๐Ÿ”ฅ 4 Bed / 3.5 Bath, 4,234 Sqft ๐Ÿ’ฐ Co-Living / MTR Cash Cow, Up to $8,500/mo ๐Ÿ”‘ Take Over the Existing 5.25% Financing ๐Ÿ™Œ No Bank, No New Loan ๐ŸŒ† Intown East Atlanta ๐Ÿ’ต Only 5% Down

Atlanta, Georgia

๐Ÿก Subject-To Home in Atlanta, GA - Co-Living / Mid-Term Rental Cash Cow, Up to $8,500/mo, on Existing 5.25% Financing This is a co-living and mid-term rental cash cow. A huge 4 bed / 3.5 bath, 4,234 sqft home built in 2004 in intown East Atlanta (30316), minutes from East Atlanta Village, downtown, and the medical corridor. The size and bed/bath count push mid-term rental comps up to $8,500/mo, and the intown location is one of the strongest room-rental markets in the country. Take over the existing 5.25% financing with no bank, no new loan, no qualifying, and put a huge floor plan to work from day one. ๐Ÿ”‘ PROPERTY DETAILS ๐Ÿ›๏ธ 4 Bedrooms ๐Ÿ› 3.5 Bathrooms ๐Ÿ“ 4,234 sqft, built 2004 ๐ŸŒณ 0.23-acre lot ๐ŸŒ† Intown East Atlanta, minutes to East Atlanta Village and downtown ๐Ÿฅ Short drive to Grady, Emory, and the downtown medical corridor ๐Ÿ“ Atlanta, GA (30316) ๐Ÿ”‘ Vacant and move-in ready ๐Ÿ’ฐ DEAL BREAKDOWN ๐Ÿ”ฅ $25k down + CC ๐Ÿ”ฅ 5.25% interest ๐Ÿ”ฅ $3,941.62/mo ๐Ÿ”ฅ 554k loan balance ๐Ÿ‘ No prepayment penalty ๐ŸŽˆ No balloon ๐Ÿ’ธ THE OPPORTUNITY (ways to win) ๐Ÿ’ธ Mid Term Rental: $4,000 to $8,500/mo via FurnishedFinder ๐Ÿ’ธ Co-Living: $225 to $315 per room/week via PadSplit ๐Ÿ’ธ Wrap to End Buyer ๐Ÿ’ธ Lease Option ๐Ÿ’ธ Move In / Occupy as Primary Residence A massive 4 bed / 3.5 bath home in intown East Atlanta, built to be a co-living and mid-term rental cash cow in one of the strongest room-rental markets in the country. Take over the existing low 5% financing with no bank and no new loan, then furnish it for traveling medical staff and corporate tenants or fill it room by room. Serious buyers only. ๐Ÿ“ž Call or text 770-758-5654 ๐Ÿ“ž
4 Beds
3.5 Baths
4,234 Sqft
2004 Built

Deal breakdown

Entry fee / down
$25,000
Loan balance
$554,000
Interest rate
5.25%
Monthly PITI
$3,942

Property details

Property type
Single Family
Deal type
Subject To
Year built
2004
Square feet
4,234
Lot size
10,019 sqft
Bedrooms
4
Bathrooms
3.5
Location
Atlanta, Georgia

Location

Approximate area. Request the address for the exact location