Deal analysis Help , Single family in GA
Need your help on analyzing a deal . I am a buy and hold investor , dealing with SFR's in the Atlanta area.
I am going under contract for a property in Smyrna , GA, Zip code 30080 .
Here is the short story (The long one can be found below in the link to the complete deal analysis).
Property Price : 93K
Monthly costs are around 550$ (30 year mortgage+ Tax+Insurance)
Estimated Rent : 1050
Down Payment: 20% (18,600+ Closing costs , minus 1500 seller contribution)
Complete report can be found below , added fixes and vacancy costs to the report.
https://www.biggerpockets.com/buy_and_hold_results...
As a buy and hold investor , would you go for this deal ? To me it looks solid, but I want to get some more opinions.
One more detail: I am buying this house for its full retail price, the price being paid is what its worth on the market.
Thanks!
Most Popular Reply
You didn't account for CapEx and property management. I'd run the numbers again!