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Updated over 1 year ago on . Most recent reply

Seth Harvell's profile image
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Seth Harvell
  • Rental Property Investor
  • from Detroit, MI
  • Member since Apr 22, 2020
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Seth Harvell's profile image
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Seth Harvell
  • Rental Property Investor
  • from Detroit, MI
  • Member since Apr 22, 2020
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Seth Harvell
  • Rental Property Investor
  • Detroit, MI
1
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First-Time Home Buyer

First Deal. Is it worth it?

Seth Harvell
  • Rental Property Investor
  • Detroit, MI
Posted

Have a potential deal I'm looking at and want to know if it is sound.

2 unit duplex

Top is rented at $800

Bottom is vacant and goes for $950

$1750 total a month

House is almost turnkey

Purchase price of $130,000

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Alecia Loveless's profile image
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Alecia Loveless
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@Seth Harvell The initial numbers make sense.

But it depends on what the expenses are and what the initial cost is to make it turnkey.

  • Alecia Loveless
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