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Updated about 12 years ago,

User Stats

6
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0
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Chad Workizer
  • Ozark, MO
0
Votes |
6
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First Duplex Purchase - need advice/review

Chad Workizer
  • Ozark, MO
Posted

Here are the details of the purchase.

Asking price 155,000 year built 2006
3/2/2 with 1250 sq ft each side
rent 650 each side -
last years taxes 1600
insurance I'm going to estimate around 600/yr

I have 20 percent to put down. I'm thinking if I can pick this up for 140,000. It will be a decent property. I called around and checked rental rates and low to average for a 3/2/2 duplex of that size. Rental environment in this area is decent with several small colleges and hospitals.

Any advice or thoughts would be appreciated.

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