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Updated about 5 years ago on . Most recent reply

User Stats

42
Posts
7
Votes
Mohan Dag
  • Charlotte, NC
7
Votes |
42
Posts

Deal Analysis in Gastonia, NC

Mohan Dag
  • Charlotte, NC
Posted
Purchase price - 85k Property tax- 1000 Insurance- 450 down payment- 20% Rent on each side - $600. Total $1200 per month. Financing - 15 year amortization with 5 year call at interest rate of 5% Duplex is built in 1978 and in working class neighborhood in Gastonia. This is my second deal, please share your thoughts on if it's even a decent deal. Mohan

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