First timer- Is this worth buying as an investment

[Thomas Sheehan]

Apartment - asking 450. Can get it for 425

Total Fees

HOA- 397

Taxes- 388

Insurance- 157

Would put 200-250 k down.

Renter in it now pays 2650. Probably can get 2800 to 2900

Is this worth the investment?

[Mohammed Rahman]

Hey @Thomas Sheehan - you can't outsource investment decisions to other folks, you have to first figure out what a "good" investment is for you. 

For example, in this case it could be that this is a great investment for you because the rental return you'd make from putting in this much cash into a purchase works (for you!)

For others, it may not work as much.