Buy or pass on TX duplex deal??

[Daniel Villanueva]

Hello all,

Putting in an offer on duplex- would love feedback! (Each is 1bed1bath)

**I am OOS so will pay premium on PM/ lawn management etc

approx 6% rate
162K Total, DP 24.3 K which is 15%, seller pays all closing costs. (30 year conventional loan)

Both units are completely redone.
i will have to furnish appliances (refrigerators, stoves, W&D) for short term rental. Great curb appeal.

can SAFELY expect approx 1200/ unit per month (I am furnishing both units for short term rentals- approx 10K total). In hot market could get 1600/ unit.

Deal or no deal?
would you pay for closing costs on top of all this? (5-10k)

thank you all!

[Juan Aguirre]

Hey I currently live in Texas and this sounds like a good deal. What area is it in?