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Updated almost 10 years ago on . Most recent reply

Nino Alfano's profile image
Nino Alfano's profile image
Nino Alfano
  • Contractor
  • from Lemont, Illinois
  • Member since Apr 26, 2015
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335
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Nino Alfano's profile image
Nino Alfano's profile image
Nino Alfano
  • Contractor
  • from Lemont, Illinois
  • Member since Apr 26, 2015
Connect
Nino Alfano
  • Contractor
  • Lemont, IL
75
Votes |
335
Posts
Buying & Selling Real Estate

First deal thoughts?

Nino Alfano
  • Contractor
  • Lemont, IL
Posted

Hello! I'm new to the BP forum! Been following for awhile.

This will be my first rehab. Haven't decided if I want to buy/hold or and sell it. Thoughts would be helpful and anything

SFH 4/1.5 1977sq no garage

Purchase price 36k (cash sale)

Rehab 25k

ARV 140k

Rent 16,800$

Taxes 3,600$

HOA ins 1,100$

Do I rent or sell? 

Is this a good investment property on paper?  

  • Nino Alfano
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