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Updated about 16 years ago on . Most recent reply

Franklin Lee's profile image
Franklin Lee's profile image
Franklin Lee
  • from Virginia
  • Member since Oct 27, 2008
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82
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Franklin Lee's profile image
Franklin Lee's profile image
Franklin Lee
  • from Virginia
  • Member since Oct 27, 2008
Connect
Franklin Lee
  • Virginia
1
Votes |
82
Posts
Real Estate Deal Analysis & Advice

2 level Townhouse deal

Franklin Lee
  • Virginia
Posted

I got a 2 level 1978 townhouse for $89,900 about a mile away from me. I don't know much it would rent but all I know is it has 3 bedrooms and 1 bath. The HOA fee is 30 dollars and total taxes is $1,358 annually.

Now, the average rent in this area is about 1,250 according to rentometer.com.

Do you think this could be a good deal?

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