Mobile Home Park Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago, 05/26/2020
Seems like a good first mobile home deal - is it?
2017 single wide, I haven’t ran the NADA on it to see the actual value. It’s 1 mile away in a nice community.CLEAN.
Price: $36,500
AVG RENT: $1,450
-LOT RENT: $500
-LOAN: $573 (10yr term)
—————————-
= MONTHLY CASH FLOW $377
I’d need $7,500 down.
Am I trippin’ ? What am I missing?