This deal...

[Jordan Burke]

Alright, so i realize there may be some risk putting this up here if it really is a steal because someone will swipe it up. But - lesson learned is lesson learned.

Let me show you this deal here

I want to put 20% down get a loan for 160K - mortgage about $757 in the area, and a tenant history of $750 bottom floor $850 so $1600 a month 50% rule says $800 a month. only a $43 dollar profit. Not even close to the $100 - $200 a month that comes from a good deal. 

The real estate agent said this was a killer deal... but I'm thinking $43 dollars a month is a little low...

Am I missing anything 

(just trying to get this first deal happening!)