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Updated almost 16 years ago,

User Stats

956
Posts
214
Votes
Josh Green
  • Financial Advisor
  • Tampa Area, FL
214
Votes |
956
Posts

deal?

Josh Green
  • Financial Advisor
  • Tampa Area, FL
Posted

So I've come across a property that is currently bank owned.

It's a 2/1.5 with a bonus room (standard block florida home)

curently listed at $35k and needs minimal work (maybe $3k if that). taxes will run about $700 and insurance around $400`(not in a flood zone). zillow estimates the homes in the area to be about 78-80k.

rent for a 2/1.5 demands anywhere from 750-800 in the area.

does this look worthy of going after?

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