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Updated 3 months ago,
Potential Investment Property
Hello Friends. I am considering buying an investment property in cash in a very nice development. The townhome is 347,500 with an HOA fee of $125. Rental income would be about $2700-2900 per month and taxes are roughly $4000 per year. The townhome is newer and in excellent condition. Other rental opportunities are less money but not as nice and would offer much lower rent. Any thoughts on this?