I just posted up the January/February Market Report for Gwinnett County on Garage Homes USA. I wish I could say that the market has turned, but I can’t.
But I can say that there are some killer deals…
How about an for an investor looking for a cash flowing property…
- Under $450,000 quad.
- Interest rate for non-owner occupied around 6%
- Currently draws about $3500/mo. in rents
- Stable tenants.
- P&I on loan under $2500/mo. with 10% down.
The seller is retiring… has several to sell over the next couple of years.
So, the market gives with one hand…
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Dropped in the garage...