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Updated almost 4 years ago on . Most recent reply

7 unit mobile home park
Property consists of 7 single wide mobile homes (in good condition) 2bed/1 bath on 2 acres. Well water. Each home has electrical meter and septic tank. $650 a month per home. Income $4550.00 per month. Taxes $1700 a year. Insurance $1400 a year. Purchase price $250k. Good deal (explain why or why not)?