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Updated almost 2 years ago on . Most recent reply
Should I put in cash offer for this property?
Hi,
I estimated the CAP rate which is about 6% based on below.
Listed price: $240k
HOA: $0
Taxes: $4k/yr
House type: Townhouse
Estimated rental (from realtor): $1750-$1850
Does this deal makes sense for an investment property?
Anything else should I consider?
This would be my first investment property. Hence, I wanted to ensure it is a good investment.
Thanks,
Saif