i am new real estate business
i am trying to purchase this property and I live right next to this town.
http://www.coldwellbankermoves.com/property/detail...
Price: $229,900
Maint. Fee: $316 = $ 3792 a year
Tax Amount: $3,110 + $3792
with $45,980 down (which is 20%) and i just add maint fee to tax amount to calculate
30years mortage calculator 4.5% interest mortgage rates gave me approximalty $1507 per month.
i can probably rent this unit for around $1500 and $1600 at most.
is this unit worth to invest?