First investment in Real Estate

[Adrian Mahdian]

Investment Info:

Condo buy & hold investment in Atlanta.

Purchase price: $103,000
Cash invested: $34,000

6.3% Cash on Cash return with a 12 months rental contract.

Got 2 loans in 1 bundle loan for two 40m2 condos.

Rented one for $750 and the other for $600, after all costs $200 is the cashflow of both units together!

The properties are in Tbilisi, Georgia, but it did not allow me to choose another country!