Pick Apart My Deal (San Bernardino, CA)

[Account Closed]

I found a 4 bed 2 bath 1083 sq ft SFH in San Bernardino, CA. I pulled comparable rent data from rentometer.com. Here are the numbers I got below in my analysis. Let me know what you think?

[Clifford G.]

@Bruno do you leave in the area or have you drove it at night? Is it North of San  Bernardino High School? I think the average Rent is high for that area.

If you were North of the 210fwy by Cal State I could see someone paying that. 

Also is your Down payment correctly calculated? For an investment property you should be looking at 20% down.

1000sqft house is not very large you can get an Apartment by Cal State San B with the same square feet for $1400.00