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Real Estate Deal Analysis & Advice

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Rachid B.
  • College Station
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39
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Single Family Home vs Fourplex

Rachid B.
  • College Station
Posted Jul 14 2017, 12:42

Hello everyone, 

I have an investment SFH property in Houston that's bringing me $1600 a month. $5000 annual tax, $300 HOA annually, $1400 insurance, low maintenance fees. $75k equity. mortgage payment $571 but I have been paying $1000/month (if I keep it at that, the house will be paid off in 11 years).

There is a fourplex for $150K in Trenton NJ that's bringing in $3000 a month, but that comes with $1300 a month on average expenses. 

My question is. will it be better to buy another SFH property in Houston for the same cash flow or go with the fourplex in Trenton?

Regards,

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