All deals
AvailableFix & Flip
417 Magnolia St NW
Atlanta, GA 30314 · Fulton County
Asking
$212,000
ARV
$395,000
Est. spread
$105,000
All-in / ARV
73%
Underwriting
The numbers
Purchase (assignment price)$212,000
Estimated repairs+ $78,000
All-in basis$290,000
After-repair value (ARV)$395,000
Gross spread$105,000
Return on basis (before costs)36.2%
Market rent estimate$2,600/mo
Rent-to-basis (monthly)0.90%
Holding, closing and financing costs not included. Verify all figures independently.
The opportunity
Two-story colonial in the Westside path of progress, minutes from the Beltline expansion. Full gut opportunity with high ARV ceiling.
- Beltline expansion zone
- Oversized lot
- Full gut — big spread
- Recent new-build comps
Property facts
- Property type
- Single Family
- Strategy
- Fix & Flip
- Beds / Baths
- 4 bd · 2.5 ba
- Living area
- 2,050 sf
- Lot
- 9,100 sf (0.21 ac)
- Year built
- 1938
- Occupancy
- Vacant
- County
- Fulton County, GA
Also under contract
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