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Updated about 9 years ago on . Most recent reply
![Caleb Mock's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/340417/1621445335-avatar-calebmock.jpg?twic=v1/output=image/cover=128x128&v=2)
Will one of these 2 items help my investment?
Can anyone help me make an investment decision?
Recently I purchased a SFH in a small, rural neighborhood in Statesboro, Ga. The house is a 3 bedroom, two bathroom 1200 sq foot starter home on 3/4 an acre of land with no carport or garage, only a paved driveway. The neighborhood consists of about 8 houses that are built exactly the same (all without a carport or garage).
My intention is to live here for a year and use it as rental when I purchase another home next year. I have been working to add value in the house by improving landscaping and making small fixture upgrades. I bought the house for $80,000 and it was appraised for $98,000.
I am trying to decide if I should purchase a metal pre-fab carport for the house (one from the linked brochure). The carport would cost $800 plus $500 for installation without closing it in or $3,500 plus whatever it costs to prepare the site, build a concrete floor, and do a few small finishes on the inside (power, lights, etc.).
If I am going to use the house as a rental, will I get enough value by adding an external carport or garage to pay me back? Has anyone added an external building to a rental
Thanks in advance!
Most Popular Reply
![Eugene Kemp's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/447953/1621477096-avatar-eugenek2.jpg?twic=v1/output=image/cover=128x128&v=2)
You haven't mentioned what sort of rent you can command, and what the difference would be if you had a garage vs a carport. To me, that is how to assess the investment/return.