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Updated over 6 years ago on . Most recent reply

Matthew Parkhurst's profile image
Matthew Parkhurst's profile image
Matthew Parkhurst
  • from Tempe, Arizona
  • Member since Jul 25, 2017
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User Stats

10
Posts
1
Votes
Matthew Parkhurst's profile image
Matthew Parkhurst's profile image
Matthew Parkhurst
  • from Tempe, Arizona
  • Member since Jul 25, 2017
Connect
Matthew Parkhurst
  • Tempe, AZ
1
Votes |
10
Posts
General Landlording & Rental Properties

Is this a good deal for my first property?

Matthew Parkhurst
  • Tempe, AZ
Posted

https://www.redfin.com/AZ/Tempe/825-W-3rd-St-85281...

4 units. 

Current monthly income: $3360

Yearly taxes: $1447

Electric per year: $680

Insurance per year: $676

Sale Price: $525k

$2k per month in mortgage.

I make $50k a year. 20 years old. Only have rent and car payment. Live off $1500 a month. 

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