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Updated over 9 years ago on . Most recent reply

User Stats

20
Posts
5
Votes
Steven Laub
  • Investor
  • Paradise, CA
5
Votes |
20
Posts

Charleston Condo

Steven Laub
  • Investor
  • Paradise, CA
Posted

I was recently contacted about a short sale on a 1678sqft condo 59$per sqft. 99k total. After running the calculator it turns up 6.24%CAP and monthly cash flow of 183. I have done a successful flip in the past with 30% return but wanted to give the rental market a go. Does this look like it would be a deal worth moving forward with?

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