Most Underrated Market in the US (Savannah Georgia)

[Marcel Sunday]

Hey BiggerPockets Family! I’m back! Let’s talk about Savannah Georgia.. I’m consistently getting my clients 20%+ Cash on Cash Returns on Short Term Rentals in our area. I’ve helped Jabbar Adesada (Bp episode 357) get 3 Short term rentals in the past 4 months, I truly believe Savannah Georgia is the most underrated market in the United States.

Deal Breakdown:

Purchase Price: 275k

Initial investment: 60k

Airbnb Rents: $4500 (Conservatively)

Cashflow: $1500 a month

COC: 30%

[Evan Holly]

I agree, underrated.  I have a couple short term rentals outside Savannah and they crush.  More than 7 mins from downtown though!  Now you’ve got me curious!