Cumming, GA – SFH 6/4 Great Flip Opportunity or Rental!

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io  *  321-613-6474

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PROPERTY DETAILS

• Type:  Single Family Home
• County:  Forsyth
• Beds:  6
• Baths:  4
• Living:  3003 sf
• Lot:  1.08 acres
• Year:  1983
• Pool:  No
• Exterior:  Wood frame
• Utilities:  Septic Sewer / Central Water
• Flood Zone:  No
• HOA:  No
• Notes:  Non-conforming triplex. House + garage apartment + another apartment over garage

INVESTMENT SUMMARY

• Wholesale Price:  $269,000 +cc
• Potential ARV:  $400,000
• Gross Margin:  $131,000
• Potential Rent: $2,700 /month
• Estimated Rehab:  $60,000 – $70,000

REHAB

• Roof: 10-15 years old per seller
• HVAC: One is 5-6 years old, other one needs replacement per seller
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior:  Some landscaping needed and fresh paint
• Interior:  Updates to the kitchen, bathrooms and flooring.

COMPS

• 4150 Longmont Dr (3/3, 2,572 sf, 1999 year) — Sold for $495K (10/3/24) — Renovated
• 4435 Montrose Dr (4/3, 2,571 sf, 1998 year) — Sold for $485K (10/30/24) — Renovated
• 4185 Longmont Dr (4/3, 2,592 sf, 1999 year) — Sold for $450K (8/14/24) — Renovated
• Zillow: $356,600 est — Redfin: $476,372 est — Realtor: $572,000 est

RENT COMPS

• 4650 Haley Farms Dr (4/2.5, 2,150 sf, 2006 year) — Rent for $2,510/month
• Zillow: $2,947 est — Redfin: $3,089 est

CLOSING & ACCESS

• Closing:  9/29/25 — on or before
• EMD:  $10,000 — refundable only if no clear title
• Escrow:  Hankin & Pack PLLC — buyer pays all closing costs
• Financing:  Cash/Private/Hard Money Only — no financing contingencies
• Occupancy:  Owner Occupied – Will vacate
• POF:  Proof of Funds Required Before Access — send to mike@propertypulse.io
• Access:  By Appointment Only — contact Michael 321-613-6474

MUST READ:

• Buyer must verify all info; We assume NO liability
• AS-IS Sale, No Contingencies; Due diligence before assignment
• Assignment of contract; Purchase contract & memorandum in place
• We are acting as principals, not as brokers; NO representation made to any party
• DO NOT contact seller/occupants; Legal action if violated
• NO marketing without approval; Realtors & Wholesalers – contact us directly