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Real Estate Deal Analysis & Advice

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John Levora
  • Coloma, MI
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$17,000 House Do you think this is a good one?

John Levora
  • Coloma, MI
Posted Nov 20 2014, 19:47

Here is what I am looking at a single family home which will be a cash deal $17000 and about $3000 to have it ready to rent. Management fee is 10% including tenant placement. $1350 a year taxes and $600 for house insurance. it should rent for $525. What do you think?

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