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Updated almost 10 years ago on . Most recent reply
1st deal ? What do you think ?
So I recently found a home that I want to rent out. 3 bedroom 2 bath and the house is located in a culdesac down the street from a elementary school.
Sales price 85k
30yr mortgage 5%
taxes are 1700-1800 annually
The home already has a tenant and is renting out for 1140.00 for the next year.
What do you think ?