50k property renting for $850 in Mexico? FACT or FICTION?

[Nathan Asher Robson]

Hi guys,

Recently stumbled across a realestate agent from the UK operating out of a popular tourist/expat destination in Mexico.

He’s offered me three properties for around 40-60k USD, in which he basically has guaranteed that one of them will rent “easily” for 850$

My goal is to buy a property in cash this year for around 50k and rent it out for as much cashflow as possible.

And at 850$, that’s a 20% cash on cash return..

Is there anyway to verify it? How can I know if I’m being scammed or if this is a legitimate opportunity?

The property is listed on an MLS.net, by the way..