[Calc Review] Help me analyze this deal

[Chris Iley]

This would be my first actual rental property. it has been used as a rental for years. Its in really good shape and could be rented out immediately. long term tenet just moved out.

there are not many rentals available in our area and it is a high demand area

about 23k up front with income of only about $3xx.  then if you factor in the 50% rule its less than 200$.

View report

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