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Updated over 5 years ago,

Dustin N.'s profile image
Dustin N.'s profile image
Dustin N.
  • Investor
  • from Dallas, Texas
  • Member since Oct 16, 2015
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User Stats

35
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4
Votes
Dustin N.'s profile image
Dustin N.'s profile image
Dustin N.
  • Investor
  • from Dallas, Texas
  • Member since Oct 16, 2015
Connect
Dustin N.
  • Investor
  • Dallas, TX
4
Votes |
35
Posts
General Landlording & Rental Properties

Flood insurance?

Dustin N.
  • Investor
  • Dallas, TX
Posted

Hi everybody new here,

So I just bought a rental property in cash that is located in a 100 year flood plain zone. Is it worth it to get the insurance? From calculations, it appears that it will at least take 1500 away from my yearly NOI.

The house was bought for 10k below market price and is 4/3 near a university.

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