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Updated about 4 years ago,
Deal analysis? Let me know your thoughts
Second property under contract yet I still
Have the same fear. I figure that’s probably normal. The cash flow is there based on my calculations but it would help to get y’all’s thoughts too who have owned multiple properties.
Purchase Price 49k
Property vacant but in need of no major repairs maybe 1500 worth
Built 1956
3 bed 1 bath 970 sq ft
rent range 725-775
C+ class area
Thoughts?