Meadow Vally Dr. @ 65% LTV

Meadow Valley Dr

Atlanta Ga 30324. @65% LTV



Atlanta, 30342 average and median listing prices - Trulia.com

www.trulia.com/.../30342.../market-trend...
Average price per square foot for homes in30342 was $248 in the most recent quarter, which is 30.53% higher!




Inspection Checklist Yes No Repair Cost Calculations Repair Est. Actual Cost


1. Need a roof? (Single ): $ 5,000 (Single 1500 Sq Ft)


1 Layer of Shingles Added: $ 2,500-$3000


2. Exterior Paint / Siding? Paint: Sing. Fam 1500 sq ft: $3,000 Multi 3000 sq ft :$6000-7000


Siding (Single 1500 sqft):$ 7,000 

3000sqft 

Multi:$ 11,000 =3500


3. Need Windows? # of Window x $200 =2000


4. Garage Need Repair? 1 Garage Door: $550 1 Reframe Structure: 


=$1,500


1 Car Paint: $500 2 Car Paint:$1000 Roof New: $2,000 add 2 door garage


=3500



5. Yard cleaned or landscaped? Clean Yard (Easy):$250 Clean Yard (Hard):$750

Landscape (Easy):$500 Landscape (Hard):$1,000 = 7500



6. Water Heater, Furnace or Central Air need replacing? Replace 1 Furnace: $ 1,800 New Central Air: $2,000

Replace 1 Hot Water Heater: $ 600 = 0



7. Plumbing need repair? Plumbing: $ 2,500 per floor(new bathroom & kitchen fixturs incl) = 2500



8. Electrical Need Repair? 1 New Panel: $1,500 1 Floor Fixtures: $200

1 New Service, Panel, Rewire House: $4,000 per floor =4000



9. Foundation need repair?



10. Basement need repair? Yes

Reframe 1 Support Beam: $300

Seal Basement: $ 250 Pour Concrete Floor: $800(5yrds)

Replace Stairwell: $1000 Jack 1 Support Beam: $200


Basement needs finishing and it also has 3 bedrooms and 3baths 2500 sqft







11. Need interior paint? Interior Paint: $1.5- 2 a sq. ft. as a general rule

Single Family: 1500 sq. ft $2500 3 Family 3000 sq ft: $4,500 =5500


12. House need carpet?


13. House need tile / vinyl?


14. Floors need to be sanded? Single Family: $1,200 3 Family: =$2,000


1 Unit Carpet (500 sq ft): $500 Carpet Rule:Sq ft. / 9 x $12=Cost


1 Kitchen Vinyl tiles (10x10) = $700

Hardwood Install = $7.00 sq/ft Sand & Refinish= $2.75sq/ft


13. Unit 1 kitchen need repair? Single Family Rental: $1,500

Single Family Nice: =$2,500

17. Kitchens need appliances? 1 Stove: $450 1 Refrigerator: $550

1 Overhead Microwave: $200 1 Dishwasher: $350 Needs Everything Up Graded =$8500


18. 1 bath need repair?


19. 2 bath need repair?


20. 3 bath need repair?


Redone Completely Full Bath:

$ 1,500


Redone Completely Half Bath:

$ 1,000

Change Fixtures Only Full Bath: 

$ 500

Change Fixtures Only Half Bath:

$ 350

6 Baths already 4 full baths& 2half plus fixtures = $10,000


22. Sheetrock damaged or need replacing? General Rule: $3.00 a sq. ft for total gut job finished

Single Fam Patch:$500-1000 3 Fam Gut:$9-10,000 (Rock&Tape) Patch Area 10 x 10: $300 =$10,000


23. Dumpsters?


24. Decks?


25. Other:___________________________ Dumpsters: $400 per dumpster

Decks: 10x10 = $2,000 15x15= $3,000 $6,000


26. Miscellaneous Repair Cost x .05


27. Comments:_____________________________________________________________

_________________________________________________________________________ Total Repair Cost: $63,000 - $155,000







After Repair Value $___1.2million_____________ Asking Price $___550,000__________________

ARV x 70% $______840,000__________ Comp 1 Address:_____________________ Price:$______________ A / D / S

(Subtract Repairs) $___155,000___________ Comp 2 Address:_____________________ Price:$______________ A / D / S

MAO $___550,000_______ Comp 3 Address:_____________________ Price:$______________ A / D / S

Heating System: Boiler Furnace Water/Sewer: City Septic/Well

Heating Fuel: Oil Gas In Ground Oil Tank: Y / N

Hot Water Fuel: Gas Electricity Oil

Before & After Pics the pics the shows all the work complete is the before pics 


The pics that shows that there is work to be done is how it looks now Light Cosmetics 


https://copy.com/xPrBKxvVleV2SCS


But Needs Major "UPGRADES"


https://copy.com/CnWO380TCE1EVkt






Meadow Valley Rd Asking 550,000 ARV 1,029,795 plus


I finally got this deal and its ready to go


I do have some corrections to make, The house does have 5,781 but 2500 of that is basement sq footage and I was told that I couldn't not include the basement sq footage. Sorry!


But it is still there for you too finish!!!!


So 3,281 sq ft and additional 2500 sq ft in the basement. 


7Br Ba61/2


So you'll be getting the


Asking price per sq ft for 

167.00 × 3,281 =547,927


Add an additional 1500 to 2000


Arv selling price in area per sq ft 

197.00 × 5,281 =1,040,357

205.00 × 5,281 =1,082,605

215.00 × 5,281 =1,121,870


and the Avg price per sq ft is between 200.00 to 215.00, so if you add the addition 2000 sq ft to the home you should be able to net a nice profit.




John'Andrew 

V.I. Group Inc.

vigroupinc@gmail.com

6787540621 

http://atlanta.fixerupperhomesforsale.com/agent