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Updated almost 8 years ago on . Most recent reply

Kumail Zar's profile image
Kumail Zar's profile image
Kumail Zar
  • from Milford, Connecticut
  • Member since Mar 30, 2017

User Stats

2
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Kumail Zar's profile image
Kumail Zar's profile image
Kumail Zar
  • from Milford, Connecticut
  • Member since Mar 30, 2017
Kumail Zar
  • Milford, CT
0
Votes |
2
Posts
Buying & Selling Real Estate

Analyzing Property Purchase

Kumail Zar
  • Milford, CT
Posted

Currently looking at a multifamily property.

Purchase Price- $371,000

Rental Income- $3100

25%  down with taxes/ insurance makes mortgage -$2,040

The property is turn key and has been fully redone over the past two years.

Is this a good deal?

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