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Updated about 1 hour ago on . Most recent reply
is this a good deal
I purchased a property that needed a lot more work then intended. Can someone tell me if this is a good deal?
here the numbers
144k, 2556 sq ft, decent area.
put 30,000 into remodel.
Annual cash flow, 1,737
cap rate, 7.82%
coc returns, 2.82%
monthly cash flow, 144
grm, 92.9
total roi, 16.26%
Not sure if I am doing good in real estate or not, just want to find a way to make it.