Deals are out there

[Brent Paul]

List Price: $169,900

Rent:   2300 ( Priced a little below market rate)

M/I              1000

Insurance      83

PM                 230

Maintenance  230

Vacancy  230

Repairs   230

Annual Taxes: $2,315 

Projected cash flow 521

House is in pretty good shape.  Nice hard wood floors throughout that have been refinished.  Just needs some cabinet refacing or refinishing and some bathroom updates.  

About 10k in updates are needed.

There are definitely deals out there to be had.  This house was a location I had overlooked but has great opportunity.  Lots of strong growth in the area and new businesses.

It was about 25 minutes from my target area.