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Updated almost 4 years ago,
Is this a good deal?
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.