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3BR Home in East Point , GA
About This Property
๐ Atlanta Deal โ 2401 Judson Ave, Atlanta, GA 30344 ๐ฅ Subject-To rental opportunity with positive and low down payment Property: 2401 Judson Ave, Atlanta, GA 30344 Property type: Single-family home Beds/Baths: 3 bed / 2 bath Size: ~1,097 sqft Market value / price basis: $315,000 Market rent used: Contact for details/mo Buyer total down payment: Contact for details down payment includes seller Down Payment: Contact for details agent fee, closing costs, and wholesaler fee. ๐ฐ Existing Loan Stack Buyer would take over existing loan payments. M&T Bank 1st Mortgage Payoff: Contact for details Rate: 4.75% Principal balance: Contact for details Bank of America HELOC / 2nd Lien Payoff: Contact for details Principal balance: Contact for details Daily interest: $20.01/day Estimated monthly interest payment: ~$600/mo Payment due date shown: 04/27/2026. Total existing payoff stack: Contact for details ๐ down payment Numbers Buyer down payment: Contact for details Value basis: $315,000 down payment percentage: Contact for details รท $315,000 = ~13.3% So buyer controls a ~$$315,000 asset for about 13.3% down payment. ๐ต Underwriting Gross rent: Contact for details/mo Vacancy reserve, 5%: -$102.50/mo Maintenance reserve, 5%: -$102.50/mo M&T estimated -Contact for details/mo BofA HELOC estimated payment: -$600/mo โ Estimated monthly Contact for details - $102.50 - $102.50 - Contact for details - $600 = ~$213/mo ๐ Cash-on-Cash Return Monthly ~$213/mo Annual ~Contact for details/yr Buyer down payment: Contact for details โ Cash-on-cash return: ~8.9%
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