Updated about 17 years ago on . Most recent reply
one more try...
Found another one...
Value about 90k, think I can get it for 60k
Basic number:
Rent $1000 - $1200
Expenses: $500
NOI: $500
Mortgage at 6%: $360
Cash flow: $140
Seems to work. My one concern is that I don't expect much appreciation on the unit, not that it is in a bad area, just an older area.