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Updated almost 6 years ago,
First Deal... Help Please!
Hi,
I found what I think might be a good deal in my area. A duplex for $145,000, both sides could be rented for $850, generating a potential rental income of $20,400 per year. Property taxes is $1,500 per year. Down payment $20K. What do you think of this deal?
Thank you,
JM