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Updated over 6 years ago on . Most recent reply

Charles Simon McEntee's profile image
Charles Simon McEntee's profile image
Charles Simon McEntee
  • from Deridder, LA
  • Member since Apr 5, 2018
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Charles Simon McEntee's profile image
Charles Simon McEntee's profile image
Charles Simon McEntee
  • from Deridder, LA
  • Member since Apr 5, 2018
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Charles Simon McEntee
  • Deridder, LA
2
Votes |
12
Posts
Starting Out

Investor Special Bossier City ,Louisiana

Charles Simon McEntee
  • Deridder, LA
Posted
Pls help. This is my first actual rental property. Let me know what you think. Asking price $68 Closing around $5k Rehab around $10k Loan $68 convetional (20% down) @ 5.7% Rents around. 800 - 850 Morgage. Ins & tax around. 450 Vacancy. 56 Management. 80 Maintenance. 56 Cap ex. 80 Should I factor in holding cost of 2 month rent till I finish Reno and put a tenant in? Pls let me know what you think. Seller started at $72k but lowest is $68k
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