Bayside EquitiesOff-Market Acquisitions
1290 Briarwood Way
All deals
AvailableBuy & Hold

1290 Briarwood Way

Decatur, GA 30032 · DeKalb County

Asking

$159,000

ARV

$248,000

Est. spread

$58,000

All-in / ARV

77%

Underwriting

The numbers

Purchase (assignment price)$159,000
Estimated repairs+ $31,000
All-in basis$190,000
After-repair value (ARV)$248,000
Gross spread$58,000
Return on basis (before costs)30.5%
Market rent estimate$1,950/mo
Rent-to-basis (monthly)1.03%

Holding, closing and financing costs not included. Verify all figures independently.

The opportunity

Classic brick split-level in fast-moving DeKalb rental market. Section 8 comps at $2,050.

  • Section 8 friendly
  • Huge backyard
  • Updated electrical panel

Property facts

Property type
Single Family
Strategy
Buy & Hold
Beds / Baths
3 bd · 2 ba
Living area
1,440 sf
Lot
10,400 sf (0.24 ac)
Year built
1962
Occupancy
Vacant
County
DeKalb County, GA