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Updated about 2 years ago, 11/02/2022
Elk Grove- Rental Investment for Appreciation?
Hello all,
Considering an SFR in Elk Grove 95757 ~475K like a new build but with negative cash-flow @ 7.125% rate. Buying for equity build-up and appreciation. Good school district. Planning to hold for 7-10 years.
Live in the East Bay 1.5 hours from my place so planning to manage on my own.Appreciate any thoughts/suggestions. Any alternative ideas?
TIA.
dinesh