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Updated over 6 years ago on . Most recent reply

Curt S.'s profile image
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Curt S.
  • from Weehawken, NJ
  • Member since Nov 9, 2017
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Curt S.'s profile image
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Curt S.
  • from Weehawken, NJ
  • Member since Nov 9, 2017
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Curt S.
  • Weehawken, NJ
4
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Starting Out

Wondering if this would be a good rental property

Curt S.
  • Weehawken, NJ
Posted

Hi All,

I'm still new to this and I've been trying to evaluate properties and could use some help. I live in northern new jersey so taxes and prices are a bit high. Was wondering if I could get some feedback to see if this property (or ones with similar numbers) would be worthwhile:

https://www.berkshirehathawayhs.com/homes-for-sale...

-$928,000

-$14,588 taxes

-~$720 hoa

I have roughly 20% to put down. Any feedback is appreciated! :)

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Thomas S.
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Thomas S.#2 General Landlording & Rental Properties Contributor
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Thomas S.#2 General Landlording & Rental Properties Contributor
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Is it possible to get 10K per month rent. If not it is a poor investment.

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