🔥 POWDER SPRINGS HYBRID SUBTO /  $1,600 Month Cash Flow 🔥Â
📍 5714 Flowers Rdg, Powder Springs, GA 30127
4 Beds | 3 Baths | 2,434 Sq Ft | 0.46 Acres | Built 2004
DEAL TERMS
• Entry: $60,000 plus closing costs
• Existing VA mortgage: Approx. $111,000 balance at 4.2%, taken subject to
• Monthly PITI: Approx. $1,100
• Seller note: Approx. $228,900 at 5% simple, non-compounding interest
• No monthly payments on seller note—principal and accrued interest deferred to payoff
• Seven-year balloon | No prepayment penalty
Spacious split-level with an oversized two-car garage, flat yard and rear deck overlooking trees. Downstairs offers a bedroom, full bath, large family room and separate rear entrance—great flexibility for extended family and potential suite use, subject to local approval.
Pics:
https://www.zillow.com/homedetails/5714-Flowers-Rdg-Powder-Springs-GA-30127/69330252_zpid/
RENTAL
Long-term rent: $2,700/month
Low monthly payment.
Seller equity deferred for seven years. Seller-note interest accrues separately and increases the balloon. Balloon is only on the promissory note.