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11
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4
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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!

Most Popular Reply

User Stats

186
Posts
173
Votes
Audrey Ezeh
  • Real Estate Investor
  • Las Cruces, NM
173
Votes |
186
Posts
Audrey Ezeh
  • Real Estate Investor
  • Las Cruces, NM
Replied

You didn't account for CapEx and property management. I'd run the numbers again!

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