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Project 1

Project 1

  • 2904 8th St Exterior
  • 2904 8th St Bathroom
  • 2904 8th St Kitchen
  • 2904 8th St Living Area
  • 2904 8th St Exterior

$65,000 initial for repairs
Sold for $195,000
Rent $750 total $3000 monthly
Atlanta vacancy rate 6 % $2,160 vacancy rate
$ 1500 year for repairs
$ 1200 year for taxes
$ 1350 insurance
$ 29,790 net profit from rent 1st year
$ 57,000 gross profit from sale

15.27 Cap Rate with rental income excluding sales profit

R.O.I. 38 % including 1 year rent plus sales profit

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    This website is intended to provide members of the public with general information about Elite Investments LLC and its affiliates ("Elite Investments Group"). Nothing on this website should be construed as an offer to sell, or a solicitation of an offer to buy, any security or investment product. Investments in investment products managed or sponsored by Elite Investments are available only to clients with whom Elite Investments has an existing relationship, and that are both "accredited investors" and "qualified purchasers", as such terms are defined under Federal Securities laws. Elite Investments does not offer any investment products to the general public.