Is this a deal my Atlanta friends
What do you think:
SFH Mableton 1991
1500 SQ feet
$35000
1/3 acre
Fannie Mae
will Rent for $850,,,advice on Mableton appreciated. Where is it going? Increasing or decreasing in population. Looked at city data and so far am happy.
Crunched my numbers and used the 50/50 rule including a 10% vacancy rate and misc account of $400 yearly on top of this.
Net 415 a month.
On contract just curious on your opinions.
Would also love some referrals on a really good property manager as I am out of country and this is VERY important to me. I will be in Atlanta July 23-26th to meet them. I will take one or two or three and speak with them all.
In addition, any advice on insurance agencies in Atlanta.
As always thanks for any and all help. I am hopefully soon going to be a real estate investor in the US pending inspection.
Peter