Atlanta, GA SFR (Buy & Hold)
Investment Info:
Single-family residence buy & hold investment in Villa Rica.
Purchase price: $195,000
Cash invested: $60,000
Rented for $1,800
What made you interested in investing in this type of deal?
High cash on cash return with low risk.
-Neighborhood: B
-Age: Brand new construction w/ builder warranty
-Curb Appeal: All brand new interior, will rent fast, little downtime
-Cash on Cash Return: Year 1 investment $60,000, net monthly cashflow $600 ($7,200/$60,000 = 12%)