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Updated about 5 years ago on . Most recent reply

Breelon Bryant's profile image
Breelon Bryant's profile image
Breelon Bryant
  • Rental Property Investor
  • from Jackson, MS
  • Member since Jan 19, 2020
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Breelon Bryant's profile image
Breelon Bryant's profile image
Breelon Bryant
  • Rental Property Investor
  • from Jackson, MS
  • Member since Jan 19, 2020
Connect
Breelon Bryant
  • Rental Property Investor
  • Jackson, MS
41
Votes |
156
Posts
Buying & Selling Real Estate

4 plex- is this a good deal? I am a newbie

Breelon Bryant
  • Rental Property Investor
  • Jackson, MS
Posted

Quick overview-

Asking price: $164,900

Property taxes: $3440/annual Or 286/mo

Insurance: $500/mo (from FHA home insurance + mortgage insurance)

Rent: $550

No flood zone, good roof, good foundation, central heat/ac

THESE SHEETS KIND OF CONFUSE ME SO can someone help based off of this information?

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Chad Demoss's profile image
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Chad Demoss
  • Member since Jan 10, 2020
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Chad Demoss
  • Member since Jan 10, 2020
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Chad Demoss
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Chad Demoss
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$500 a month insurance on a $164,000 property?

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