Is it a buy?....Bayonne, NJ

[Raj G.]

Hi Friends,

Below are property details in Bayonne , Need your opinion.

Year Built : 1920

Lot 3000 sq ft

Multifamily(3 Family): 2 bed 1bath, 2 bed 1 bath, 3 bed 2 bath.

Home insurance :don't know, take medium price.

One parking space right now.

Tax 14k

Negotiated/Final sale price $420K.

Total Rent expected $4000/Month.

Just wondering, is it a "buy" for rental investment, if not what should be price.