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Updated about 9 years ago on . Most recent reply

User Stats

53
Posts
7
Votes
Alberto Urena
  • Anchorage, AK
7
Votes |
53
Posts

guys i need some experience !

Alberto Urena
  • Anchorage, AK
Posted

Hey guys I'm new trying learn. thinking about making an offer on this one HOW MUCH WOULD YOU OFFER ? i did the 50 $ rule it said it'd cash flow $ 750 per month, i also used the BP calculator and it said it'd cash flow $720.

9 beds 4 baths 4,216 sqft

Price $460,000

Total income $4,700

45 days on the market

Built in 1969

Principal & Interest $1,580

Taxes $460 a month

Homeowners Insurance $ 100 a month

About $600 on expensive

I'm doing conventional so i have to put down 25 % that's $115,000 Mortgage payments to be around $2,100 so is this a good deal ? how much should i try to offer on it ? PLEASE LET ME KNOW IF I NEED TO GET SOME MORE INFORMATION. THANKS !!!

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