Definitely doable in that price range. 

I meant I have heard east cobb is the desirable area but since 30064 is within the city limit,  I wanted to check if it's a good/decent area to buy a new townhome in 400k range.

Usually a 1 to 1 or 1.25 is standard..or the $1k needs to be sufficient to cover the PITI of the proposed loan.

The majority of US homeowners (purchased or owned before 2023) have very low mortgage rates in the 3%+/- range.

In my local market, I can still find cash flowing properties in that price range, approx. 100-200 per SFH.

I think my range will be somewhere around 300k. 

I've been going through "The Multifamily Millionaire:  Volume 2" and in Chapter 13, they talk about property management ranging from 4-6%, on top of on site management that is on the owner's payroll, separate from property management, and that you should budget about 1 staff member for every 40 units.If you (the owner) are already paying a property management firm, why do you have to have on-site management separate from the PM? 

Hi Ashni, you'll be able to get something in the $400,000-$450,000 range with that size of a downpayment.

Otherwise a typical DSCR loan based on market long term rents should be sufficient to qualify? 

I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is.