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Updated over 4 years ago on . Most recent reply

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13
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7
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Ryan Shyng
  • New to Real Estate
  • Atlanta, GA
7
Votes |
13
Posts

Two Indiana buy and hold potential deals or not good?

Ryan Shyng
  • New to Real Estate
  • Atlanta, GA
Posted

Hello,

I have the potential to buy two properties in Indiana, both at ARV of $117,000 and 20% down. One in Indianapolis, one in Alexandria.

Indianapolis property - rent 1050/mo 3bd 1bt, Alexandria property - rent 900/mo 2bd 1bt

Same property manager in place @ 8% for both

Thoughts?

Most Popular Reply

User Stats

1,195
Posts
587
Votes
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
587
Votes |
1,195
Posts
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
Replied

Generally not enough data to say if it's a good deal. Need to know more info on the condition of property. With that said - SHOULD cashflow. 

  • Nick Giulioni
  • Loading replies...