Tell me what you think

[Chad Bellanger]

Is there anything that I am missing that I should be aware of when it comes to financial situations like this I know that I need to budget in for repairs and upgrades but is there any other information such as cost-wise that I should be concerned about?

Morgan City Louisiana 70380

Total cost = $64,000

Down payment = 25% - $16,000

Annual taxes approximately $850 a year

House insurance=

Closing costs=

Appraisal=

House is renting for $650 a month

Apartment 1 is renting for $450 a month

Apartment2 is vacant

Total amount of rent right now is $1,100 a month

I'm hoping to get $700 a month for house For apartment 1 and 2 $525 a month for a total of $1,750 a month

As of now the repairs are unknown from what I understand it is turnkey