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Updated over 10 years ago on . Most recent reply

User Stats

234
Posts
132
Votes
Amanda Sutherlin
  • Flipper/Rehabber
  • Spring Hill, FL
132
Votes |
234
Posts

First Deal? ...Thoughts Please

Amanda Sutherlin
  • Flipper/Rehabber
  • Spring Hill, FL
Posted

3/2 1550 sq feet, 2 car garage located in Central FL Built 2001

$79K

10% down

PITI: $600/month

Rent: 1100-1150

Inside needs painting and a fridge is all thats needed.

This will be my first deal and all comments are much appreciated! Oh and I'm  a buy and hold kinda gal :)

Most Popular Reply

User Stats

1,289
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1,313
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Josh C.
  • Property Manager
  • Indianapolis, IN
1,313
Votes |
1,289
Posts
Josh C.
  • Property Manager
  • Indianapolis, IN
Replied

there's tons of of other factors, what's the neighborhood like, expected vacancy, deferred maintence, etc. 

but on the surface a 1.5% deal seems good. 

  • Josh C.
  • Loading replies...