I have a deal in Minneapolis

[Andrew G Montoya]

Hey guys this is my first post on Bigger Pockets!!!

So I need some advice or maybe there is someone that would be interested in the deal. 

Single family town house. 2bed/1bath

House price: $195,000

20% down payment: $45,000 (including closing costs) 

monthly note: $1200 (not including expenses/30 year mortgage @5% and HOA)

average rent in area : $1500 (2bed/1bath)

It looks like a good deal to me but I know that you guys will tell me the right things!

[Corey Hawkinson]

@Andrew G Montoya Maple Grove is a nice area, but those numbers just don’t work. This one makes more sense for a non investor that’s looking for a place to buy for themselves. That’s my 2 cents.