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Updated almost 10 years ago,
First buy and hold in Columbus Ohio
Looking at making my second offer for hopefully my first property buy and hold. $78k single family split level. Solid neighborhood. 3 beds and 1.5 baths at 1609 sq ft. Traditional financing with 20% down. Taxes and insurance of 240 month. Rent of at least 1000 and more likely 1100. Should cash flow about $300 month after everything including assumptions for vacancy and maintenance. What do you think?