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Buying & Selling Real Estate

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Christian Weber
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66
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Does this deal make sense - another set of eyes please :)

Christian Weber
Posted Jul 31 2021, 10:23

Florida - Condo - 2 bed / 2 bath - $79,000

HOA $260 per month (im aware HOA dont normally make good deals)

Taxes $780 (will jump up to 900 after sale most likely - not currently homesteaded)

Current tenant just signed 12 month lease - $1k a month

I would put 20/25% 

B Class neighbourhood I would guess / low crime on truly website and schools 5/10

Renovated kitchen and bedrooms in the last year

on paper is seems like an ok Deal - thoughts please

I would need a property management company 

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