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Updated over 4 years ago on . Most recent reply

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Augustin Sell
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Would this make a good rental property?

Augustin Sell
Posted

Would this property be a good deal? I have read a few books about rental property investing, and after analyzing some properties, I would like to know if this one would make a good investment. I believe that similar properties rent for about $1300 in this area (not completely sure). As far as I can tell, this is a good deal. Please let me know your opinion!

Also, would this make a good first investment?

link: 
https://www.zillow.com/homedetails/1224-Meadow-Stream-Rd-24-West-Valley-City-UT-84119/2077461341_zpid/?

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Dave Passey
  • Investor
  • Missoula, MT
177
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Dave Passey
  • Investor
  • Missoula, MT
Replied

I didn't run all the numbers on it, but the $650 a month lot rent is probably going to kill the deal. 

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