Up to 300 Turnkey SFH for Sale in Metro Atlanta, GA

[Simmy Ahluwalia]

Average price per home is approximately $95k

Seller will sell in increments of 5+

No haggling - Properties are priced at retail, Seller will sell at 20% discount

Proof of Funds needed to weed out tire-kickers

[Cynthia Calhoun]

Simmy,

I've got the perfect buyer for all 300. Let's chat!

[J Scott]

Feel free to shoot me the list (contact in my signature)...

[Devon Garbus]

These are turnkey rentals or bank owned?

[Simmy Ahluwalia]

Turnkey rentals, all off-market.  

[Devon Garbus]

Whats the cap rate at asking price? 

Are these yours, are you the seller rep, or are you wholesaling?

[Simmy Ahluwalia]

I don't have the taxes, ins, prop mgt, etc....so, you'll have to guestimate.  Here is a snapshot of 4 of the properties.  I'm the seller rep.

Ask Price, Rent per month, Annualized Rent........

$122,000	$900.00	$10,800.00	4b 2.5bth	1964	14,810.4	1,793
$100,000	$795.00	$9,540.00	3b 1.5bth	1953	10,454.4	1,208
$118,000	$950.00	$11,400.00	4b 2bth	1960	12,196.8	1,699
$118,000	$900.00	$10,800.00	3b 2bth	1968	15,246.0	1,660

[Devon Garbus]

Get me an advertised cap rate on the package please. 

Estimate is fine.

[J Scott]

Originally posted by @Devon Garbus:

Get me an advertised cap rate on the package please. 

Estimate is fine.

If the properties above are representative of the package, and most of the properties are in-town, I'd guess a cap rate of about 5% (give or take a percent)...

[Devon Garbus]

8% would be a minimum, 10% better.