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Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Ross Asher
2
Votes |
11
Posts

Help me analyze this deal…

Ross Asher
Posted

Hello new here - what I am looking at:

Off market deal.

Wa state small town

1 block from Main Street of small town

2 bd 1 bth

Fenced in back yard

No garage

House build in early 1900s

Has been fixed up. New floors, paint, cabinets, etc

Purchase price 200k

Money down 26k

Closing cost 3k+\-

Loan amount 171k

Appraisal amount could be 240k/+

Estimated long term rent $1200-$1300

Estimated short term fees $2000

What else do I need to think about?

Would you do this deal?

Should I do this deal?

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