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๐Ÿงฑ 5 Bed Brick Subto in Powder Springs GA ๐Ÿฐ 3,581 Sqft ๐Ÿงณ Mid Term + Co-Living Play ๐ŸŽฏ Only 6% Down ๐Ÿงญ NO Pre-approval or Credit Check ๐ŸŒณ

Powder Springs, Georgia

๐Ÿ”ฅ WEST COBB INVESTORS, A VACANT 5 BED BRICK HOME BUILT FOR ROOM RENTALS AND TRAVELING TENANTS JUST LANDED. Only 6% Down With No Bank in the Way! This one is a monster! A vacant 5 bed / 4.5 bath, 3,581 sqft brick home in the Oakwind swim and tennis community, with a main-level primary suite, five real bedrooms and a dining room that seats 12+. Furnish it for mid term stays or rent it by the room, take over the existing financing with no pre-approval and no credit check, and grab it right now before someone else does! PROPERTY DETAILS: ๐Ÿ›๏ธ 5 Bedrooms, including a main-level primary suite with tray ceilings ๐Ÿ› 4.5 Bathrooms, primary bath with dual vanities, soaking tub and separate shower ๐Ÿ“ 3,581 sqft on one and a half levels ๐Ÿงฑ Brick and stone exterior, built 2003 ๐Ÿชต Family room with a fireplace ๐Ÿณ Kitchen with a breakfast nook, pantry and plenty of cabinets ๐Ÿฝ๏ธ Separate dining room that seats 12+ ๐ŸŒณ 0.30 acre lot with a private backyard and patio ๐Ÿš— 2-car garage ๐ŸŠ Oakwind community pool, tennis courts and swim team ๐Ÿงพ Low HOA, $350 semi-annually ๐ŸŽ“ Vaughan Elementary, Lost Mountain Middle and Harrison High school zone ๐Ÿšช Vacant ๐Ÿ“ Oakwind, Powder Springs GA 30127 (West Cobb County) DEAL BREAKDOWN: ๐Ÿ”ฅ $40k down + CC ๐Ÿ”ฅ 6.875% interest ๐Ÿ”ฅ $4,662.81 PITI ๐Ÿ”ฅ 597k loan balance ๐Ÿ‘ No prepayment penalty ๐ŸŽˆ No balloon โ„น๏ธ Property is in an active loan modification and terms are subject to change OPPORTUNITY: ๐Ÿ’ธ Mid Term Rental: $2,900 to $4,250/mo via FurnishedFinder ๐Ÿ’ธ Co-Living: $200 to $263 per room/week via PadSplit ๐Ÿ’ธ Wrap to End Buyer ๐Ÿ’ธ Lease Option ๐Ÿ’ธ Move In / Occupy as Primary Residence Five real bedrooms and a main-level suite make this a natural fit for furnished mid term stays or by-the-room renting in West Cobb, and big homes like this do not come up with creative financing every day. Fill it with traveling professionals, rent it by the room, wrap it to a buyer who cannot get a bank to say yes, set it up as a lease option, or move in and spread out. Insane space with multiple ways to win, and it will not last! First come first serve ๐Ÿƒ๐Ÿƒ ๐Ÿ“ž Call 770-758-5654 for more info ๐Ÿ“ž
5 Beds
4.5 Baths
3,581 Sqft
2003 Built

Deal breakdown

Entry fee / down
$40,000
Loan balance
$596,718
Interest rate
6.875%
Monthly PITI
$4,663

Property details

Deal type
Subject To
Year built
2003
Square feet
3,581
Bedrooms
5
Bathrooms
4.5
Location
Powder Springs, Georgia

Location

Approximate area. Request the address for the exact location