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Updated almost 4 years ago,

User Stats

134
Posts
43
Votes
Lisa Misuraca
  • Tucson, Az
43
Votes |
134
Posts

Is this a good deal?

Lisa Misuraca
  • Tucson, Az
Posted

3/2 1071 house and enclosed 2 car carport not vented for AC or heat.Tucson Az good east side neighborhood all similar homes.

Purchase 158,000

Hard Money cost 7900

Rent ready. 6000

Expense total 171,9O0

Best case appraisal and new loan. 220,000.            Expected.     200,000

Down payment                          44,000                                        40,000

Loan                                       160,000                                      176,000

Rent income.  1400.00 month

Loan payment. 799.00                                                              726.000

Tax insurance 190.                                                                   190.

Cash flow        989.                                                                 916.

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