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Updated about 9 years ago on . Most recent reply

User Stats

36
Posts
2
Votes
Frank Inman
  • Investor
  • Severn, MD
2
Votes |
36
Posts

Possible investment opportunity

Frank Inman
  • Investor
  • Severn, MD
Posted

Found a duplex I like for 75,000 can put 25% down and the property brings in 960 a month. Considering everything goes well, is this a good investment?

Most Popular Reply

User Stats

980
Posts
739
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Michael Boyer
  • Investor
  • Juneau, AK
739
Votes |
980
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Michael Boyer
  • Investor
  • Juneau, AK
Replied

Frank! congrats on finding a possible investment.. I would really sharpen the pencil and make sure it comes out how you'd like in terms of cash flow. I like the calculator here on BP under "Tools" (above). Be sure and plug in the most realistic numbers you can. Best of luck...

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