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Updated almost 8 years ago,

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!

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