Single Family Home for sale by owner in Conyers, GA 30012. This is a hardi-plank siding ranch style home which was built in 1981. The home offers 3 bedrooms and 1 baths with 1200' of living space. This home sits on a great 1 acre lot! Recommended repairs for rental include a/c compressor, interior paint, new dishwasher and microwave and clean carpets, est. = $5k. Tax value of $59,200 with low Rockdale County 2011 taxes of only $251! The home last sold on 1//06 for $111,500 and has a current ARV of $50k. Recommend keeping this house as a rental with strong rent rates of $700-$750 / mth or net ROI of 17% plus back-end equity when you sell. Contact: Kevin Morice @ 678-427-7700 www.ThisGreatHouse.com Lockbox Code 6312! Net ROI - $700x12 = $8400 rents Est. Annual Taxes = $400 Est. Insurance = $400 Property Mgmt. = $70/mthx12= $840 Net Annual Cash = $6760 or 17%
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