Is buying a condo in Atlanta a good investment?
Is buying a condo in Atlanta a good investment? Atlanta property appreciation rates in the latest quarter were at 6.44%, which equates to an annual appreciation rate of 28.36%. Property values have risen by 15.25% in the last twelve months, making a good fortune for short-term investors in Atlanta.
Is College Station a good place to invest? Home flippers in College Station saw on average a 1.2 percent return on investment or $2,779 profit. College Station is not alone in this trend. Profit margins dipped in 112 of 182 metro areas from the first quarter of 2021 to the second quarter of 2021.
Is buying a townhouse a good investment? The great thing about townhomes is they are cheaper than most single-family homes. Because of the low prices, this equals low financial risk for real estate investing. Townhomes fall within the median price range of local markets.
What is a good rental rate of return? Using the cap rate calculation, a good return rate is around 10%. Using the cash on cash rate calculation, a good return rate is 8-12%. Some investors won’t even consider a property unless the calculation predicts at least a 20% return rate.