Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

11
Posts
4
Votes
Nadav Akselrad
  • Investor
  • Atlanta, GA
4
Votes |
11
Posts

Deal analysis Help , Single family in GA

Nadav Akselrad
  • Investor
  • Atlanta, GA
Posted

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

User Stats

186
Posts
173
Votes
Audrey Ezeh
  • Real Estate Investor
  • Las Cruces, NM
173
Votes |
186
Posts
Audrey Ezeh
  • Real Estate Investor
  • Las Cruces, NM
Replied

You didn't account for CapEx and property management. I'd run the numbers again!

Loading replies...