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Updated almost 4 years ago,
Analyze my condo deal
Hello,
I am pretty new here but I am not sure about this deal or not.
There's a condo on the market I am thinking about putting an offer on.
Here are the numbers:
176K
680 sq ft
$184 HOA
1bdr 1 bath
It's tiny, but it will do for my gf and I. Total payment is $950 minus utilities and places like that rent for about $1400.
20% down.
we are thinking in moving away from this area in 2 years.
is it a good idea or not? Can I at least break even after I leave?