2/2 Condo in rural Miami Dade, deal or no deal

[Andrew Hernandez]

Hi, I am trying to analyze 1 property a day to practice, but also to find one to purchase. This one is a bit out of the city so I set a conservative rent amount of $1,200 for a 2/2. Similar units in a more dense area of the county can go for $1,400 - $1,700. It is listed for $105,000 by Fannie Mae. It looks good for $90,000 according to the calculation.