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Updated over 6 years ago,
Would you buy this deal? (WV Townhouse)
https://www.zillow.com/homes/176-Georgetown-Sq,-Ma...
Purchase price of $89k and can very likely rent for $950/mo.
1.06% rule
Cash flow after all expenses accounted for is roughly $250/month
With a 20% down loan ($17,800) this results in a 16.8% cash on cash return
Would you buy this property? If not, what price would you buy it for?
Thanks!