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Updated almost 6 years ago on . Most recent reply

Another "would you" deal question?
Would you do this deal?
$64,000 loan
$2,000 out of pocket
Rent $895/mo.
PITI $525
Little-to-no appreciation
I will self-manage
C neighborhood
(Property is fully rehabbed and rent-ready)
Most Popular Reply

@Jake Stuttgen
Thank you Jake. I generally gave no issues meeting the 1% rule...that said when I factor in leverage, it takes a chunk out of cash flow. In this situation, I have about $150 in monthly CF, but nearly a 90% return on investment