Updated over 8 years ago on . Most recent reply
Analyzing my first deal
Hey guys, I am brand new to real estate and I'm trying to analyze a deal. There's a 2 bed 1.5 bath for sale for 99,000. The property also has a 1 bed 1 bath guest house. It's in the middle of town and with a little work could generate good cash flow. Market rate rent is about 650-700 for the 2 bed and the 1 bed is about 400-450. Let me know what you think. Thanks!