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Updated about 7 years ago,
Need help with first deal
Not sure what info is needed but check out the below and let me know what you all think. What am I missing? Thanks so much!
3br 1 bath 870 sq ft single family in Richmond, va
Listed for $65k (my agent expects a sale price closer to $70-$75k)
Approx $2000 for repairs and improvements
Rent $1100-$1200
30yr Mortgage, tax, insurance approx $425/month
Management fee & and repairs approx $330/month
Cash flow- approx $350