Nervous about pulling the trigger on first house - feedback?
OK its a SFH in a nice neighborhood in NC with mostly military families renting. House built in 1992.
Asking price $139k
Hopefully paying 127K in cash
Rental income $1300
Taxes $1100/yr
Prop management 10% of rent
Insurance $80/month
House is in good shape. May need roof replaced in the next 5- 10 years.
Any feedback on this?
Thank you!