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Updated almost 9 years ago,
Is this a deal?
Was offered with a turnkey deal in Indiananpolis, IN
Duplex, 2 bedroom and 2 bath (1 bed, 1 bath each unit)
Monthly rent : 1100 ($550 each side)
Tax per year: $684
Acquisition cost: $35,000 (per zillow, it was selling for 21,900)
Rehab cost: $10,000
Total cost: $45,000
Is this a deal?