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Updated about 5 years ago,
Would you invest in this deal?
Doesn't fit most of the rules, but the potential of the area is huge. Would you invest based on the numbers below. Any views will be appreciated!
Price: $280k
ARV: $295k
Rent: $1800
Great school Area with huge growth potential
Cash Flow: Breakeven (after all expenses including maintenance, Capex and Vacancy)