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Updated over 6 years ago,

User Stats

4
Posts
1
Votes
Jessica Bisher
  • Morrisville, PA
1
Votes |
4
Posts

First Time Investor Help me analyze this deal

Jessica Bisher
  • Morrisville, PA
Posted

First time investor! I have an offer in for this duplex, and the seller countered. I have a slight concern about the rental income - the bottom unit is great and has a long term tenant we met. The top unit is vacant and needs some work. It was recently rented at $800/month, but it is TINY (400 sq ft). I'm nervous it won't rent for much money. 

Location is between New York and Philly and the I-95 corridor. Is a cash flow of $200 a month worth it? 

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*This link comes directly from our calculators, based on information input by the member who posted.

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