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Struggling to figure out if it’s a +Cashflow
I’m having a difficult time deciding if a property is going to +Cashflow.
I have looked at comps around the area but there simple aren’t many around. Small town with the home being built in 1890 and being worn down by time mostly. Has a basement unfinished and a bathroom linking 2 bedrooms but this is also a 1,400 sq home. What can you tell me to look for? I’m not sure if the town is growing or shrinking. I also don’t know to decipher the difference.