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Updated over 7 years ago on . Most recent reply

User Stats

149
Posts
41
Votes
Nicole Wood
  • Investor
  • Bath, NY
41
Votes |
149
Posts

Advice on potential buy

Nicole Wood
  • Investor
  • Bath, NY
Posted

tomorrow i will be looking at a rental property...a duplex in my hometown. its listed for 59000 putting the mortgage around 300 per month and the taxes added at around 300 a month again plus insurance would be an additional 80$ a month. this puts me at around 700$ per month in costs. each apartment could be rented for 650 plus utilities meaning around 1300 a month minues the 700 is 600$ a month in profits. i'm thinking its a good deal any thoughts?

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