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Updated over 8 years ago on . Most recent reply

Neil Patrick's profile image
Neil Patrick's profile image
Neil Patrick
  • Involved In Real Estate
  • from San Francisco, California
  • Member since Apr 5, 2015
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14
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3
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Neil Patrick's profile image
Neil Patrick's profile image
Neil Patrick
  • Involved In Real Estate
  • from San Francisco, California
  • Member since Apr 5, 2015
Connect
Neil Patrick
  • Involved In Real Estate
  • San Francisco, CA
3
Votes |
14
Posts
Starting Out

Investment Property in Florida!

Neil Patrick
  • Involved In Real Estate
  • San Francisco, CA
Posted

Hi everyone - I have allotted about 40k to invest in an out of state investment property.  A friend told me about Port St. Luicie (she is from there). I see 3/2's going for 110-140. If I put 20k down, it looks like I can have a mortgage around $600 and rent the place for $1000-1100.  If I can cash flow $4-500/month that may be an OK investment.

Has anyone invested in Port St. Lucie? And if so, are my numbers correct?  Thoughts???

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