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Updated over 4 years ago on . Most recent reply

User Stats

8
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1
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Jatsons Mateo
1
Votes |
8
Posts

Buying a $90,000 home

Jatsons Mateo
Posted

Im looking to buy a property for $109,00 as a turnkey investment, and putting a down payment of 20%. The tenant currently has a lease of 2 years for $15,600 a year. My mortgage will be $506 a month and rent $1,300. Is this considered a good deal for someone who is starting in property investment?

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