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Real Estate Deal Analysis & Advice

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13
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2
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Stuart Samples
  • Roofing Contractor
  • Huntsville, AL
2
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13
Posts

Hold or sell

Stuart Samples
  • Roofing Contractor
  • Huntsville, AL
Posted Apr 6 2014, 18:36

I would like a few opinions on this

Current value $140,000

Rent $725 month/ $8,700 year

Taxes $1,600

Insurance $500

Lawn care $840

Vacancy $435

Maintenance $550

Total expenses $4,775

8,700

(4775)

$3,925 cash flow

ROE 2.8%

This property is a SF in a great area but the returns are awful

What's your opinion

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