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Updated over 8 years ago,

Ekaterina Gelashvili's profile image
Ekaterina Gelashvili's profile image
Ekaterina Gelashvili
  • from Staten Island, New York
  • Member since Jan 15, 2016
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User Stats

36
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12
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Ekaterina Gelashvili's profile image
Ekaterina Gelashvili's profile image
Ekaterina Gelashvili
  • from Staten Island, New York
  • Member since Jan 15, 2016
Connect
Ekaterina Gelashvili
  • Staten Island, NY
12
Votes |
36
Posts
Buying & Selling Real Estate

Fourplex in flood zone

Ekaterina Gelashvili
  • Staten Island, NY
Posted

Hi everyone!

Is it good idea to buy a four family house in flood zone? Flood insurance is $390, three of four units are rented. Property is in Baytown TX. Asking price $165.000 and rental income is $2575.00, taxes $4695. How much would you offer for it?

Thanks for all your input☺️

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