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Updated over 10 years ago on .

User Stats

40
Posts
9
Votes
Stanley H.
  • Investor
  • Raleigh, NC
9
Votes |
40
Posts

Indianapolis property comparision -- Good or bad?

Stanley H.
  • Investor
  • Raleigh, NC
Posted

Hi guys,

This is my first purchase for a rental property, I am confused between 2 properties one is at Cork Bend Dr which is listed at 125k ,year 2006 which cash flows 11.30% . The other one is North Dequincy @ 85k, year 1957 ,which cash flows 17.35%(which will be completely rehabed).

The one in Dequincy falls in Washington township.

Which one would be a wise move? Why?

Thanks a lot for all your help.