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Updated over 5 years ago on . Most recent reply

User Stats

144
Posts
22
Votes
Marco Morkous
  • Realtor
  • Nashville, TN
22
Votes |
144
Posts

Deal analysis? Let me know your thoughts

Marco Morkous
  • Realtor
  • Nashville, TN
Posted

Second property under contract yet I still

Have the same fear. I figure that’s probably normal. The cash flow is there based on my calculations but it would help to get y’all’s thoughts too who have owned multiple properties.

Purchase Price 49k

Property vacant but in need of no major repairs maybe 1500 worth

Built 1956

3 bed 1 bath 970 sq ft

rent range 725-775

C+ class area

Thoughts?

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