[Calc Review] SFR near College in NJ

[Patrick Flanagan]

Hey everyone,

Curious if I could get some feedback on this deal. This would be my first investment. Is this monthly cashflow worth it for you?

The property is in good shape. No major repairs needed. Maybe some painting and new washer/dryer. 

The home would rent to college students as it is near a university.

Here is the listing 

https://www.realtor.com/realestateandhomes-detail/42-Ardsley-Ave_Ewing_NJ_08638_M60239-29222

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