Owner
$389,031
8 MARBELLA DR, NEWNAN, GA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
2,429
property type
Single Family Residential
hoa
Yes
About
Residential
Average Condition
Heated Area
Garage
2 Stories
Central
Brick
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2014
Building Size
2,429 sq ft
Lot Size
6,665 sq ft
Lot Size (Acres)
0.15 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
N57 446
County
Coweta County, GA
Metro Area
Atlanta-Sandy Springs-Roswell, GA
Zoning
R2
Neighborhood/Subdivision
BULLSBORO CROSSING
Lot Number
237
School District
Coweta County School District
Legal Description
HSE/LOT 237 BULLSBORO CROSSING
Tax & Value Information
Market Value (Total)
$345,145
Building Value
$295,145
Land Value
$50,000
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$138,058
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/28/2014
Recording Date
5/28/2014
Sales Document #
2014.2374
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$15,053
Return on Investment
15.60%
After Repair Value
$427,934
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$350,128
Renovation Cost
$19,452
Closing Costs (buying)
$7,003
Holding Costs
$10,623
Selling Costs
$25,676
Total Investment
$96,480
After Repair Value (ARV)
$427,934
Total Costs
$412,881
Estimated Profit
$15,053
Cash Invested
$89,477
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area