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Updated about 8 years ago on . Most recent reply
Rate my deal - Would you think this is a good deal?
Looking to purchase a house for $130k. Put $10,000 in it for rehab.
Rents for $1,350 per month.
Insurance is $720 / year
Taxes are about $2,000 / year.
Mortgaged with 25% down, 30 year note, 3.75%
What would you estimate my cash on cash rate of return to be?
How good of a deal would you think this is?