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General Real Estate Investing
HomeForumsGeneral Real Estate InvestingFirst Rental Deal Good or Bad (Help)
Brandin S.'s profile image
Brandin S.'s profile image
Brandin S.
  • Rental Property Investor
  • from Orlando, FL
  • Member since Sep 13, 2020
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Brandin S.'s profile image
Brandin S.'s profile image
Brandin S.
  • Rental Property Investor
  • from Orlando, FL
  • Member since Sep 13, 2020
Connect
Brandin S.
  • Rental Property Investor
  • Orlando, FL
0
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7
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General Real Estate Investing

First Rental Deal Good or Bad (Help)

Brandin S.
  • Rental Property Investor
  • Orlando, FL
Posted Sep 28 2020, 14:55

Got our pre approval 

240000 for the house

36 down plus 11 for closing 47 total

3.99 apr 

1286 rent

Just learned the areas max rent is 1500 for a 3/2

I used the tool for rental property and it is showing 100 profit

Bad deal for my first rental or good? Please help lol

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