Would you do this deal?

[David Miller]

Duplex cost: $230,000

Total rent per month: $2,300

Annual taxes: $6,200

I would need to invest about $3,000 into the duplex to have it ready to rent. It was built in 2006 so it is in pretty good condition.

1 half is already rented at 1150 per month. Tenants pay all utilities, trash, lawn care, etc.

Decent neighborhood but not the best around.

I learn towards no on this deal because the taxes are so high! But I’m new, so looking for perspective. I know many other variables could play into this too! All feedback is welcomed!