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Project 1

Project 1

$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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