North Atlanta (OTP) SFH rental properties

[Emmanuel Murillo]

Hi BP,

I'm fairly new to BP and to real estate in general; I've been reading all the material I can get my hands on to get acquainted with the concepts, strategies and deal analysis; my short-term goal is to buy and hold a couple rental single-family units in north ATL (OTP). (Acworth, Kennesaw, Marietta, Smyrna, Woodstock, Sandy Plains area).

I've been using Zillow, realtor.com, etc.. to test-run numbers on properties that match my criteria but I'm having a hard time finding cash flowing properties or properties barely break even.

My question for existing (rental) investors around this area:

- What are your guidelines (Cap rate, cash on cash return) for properties in this area?

- What is the minimum monthly cash flow you'd do for a SFH in this area?

Thanks in advance for your feedback.