Updated about 5 years ago on .
Which one is good deal
Hi., I am looking to but my first investment home. Which deal would you prefer. Both condos.
Condo 1:
Sale price: 88K
HOA: 260
Expected rent: 950
3rd floor. New carpet and hardwood floor but bathroom and appliances are outdates. Washer dryer in unit.
Condo 2:
Sale price: 110K
HOA: 280
Expected rent: 1150
1st floor. Newly upgraded with brand new appliances . Ready to rent from Day1.Shared washer dryer in Building.