Updated almost 8 years ago on . Most recent reply

Need advice on property analysis
Hello all,
I am looking at a property in Fairburn Ga, 115k, 1175 sq feet, renting for 1095, 2001 built
Property taxes 750
Vacancy 5%
Maintenance 5%
Leasing 800 per year
Will do conventional financing with 20% down will cash flow around $200.
Is this a good neighbourhoof to invest in.
Do the numbers look good.
Any opinion highly appreciated
Also looking for good realtors in Atlanta, any recommendations highly appreciated.
Thank you
Most Popular Reply

@Souji Kumar Do you think $200 per month is a good enough return to borrow $100,000 in an area that you know nothing about? Really? As Grant Cardone would say, " I could get $200 standing on the corner with a sign that says Help."