Updated almost 10 years ago on . Most recent reply
Levittown PA or Ewing NJ
Hey,
Just looking for a bit of advice. I have the opportunity to buy a home in Levittown, PA and Ewing, NJ .I plan to rent the house out and keep it long term. I will be managing the property myself, and they are both equidistant away from me. I will be paying all cash. Rough numbers are below:
Ewing Levittown
Tax 6700 4000
Purchase 90000 110000
Repairs 15000 25000
Rent 1600 1400
Insurance 1300 1300
Yearly Net 11200 11500
Return 10% 8%
Is it better to buy in Levittown or Ewing? Any one currently investing in theses areas?