Analyze deal please
Lower income area in Northern California. 80,000 condo 2/1 bath.
rents for 1100 $275 HOA, 50 Insurance, 100 monthly tax.
Only thing I don't like about deal is that it is a condo other than that this condo was selling for 285 at the peak(I know this doesn't matter) but it is interesting though.
People's thought on buying a condo?