$266,000 mortgage & 2.25% int. Is it good?
1 Reply
Balbino Rodriguez
posted 3 months ago
Just got a mortgage for a townhouse for $266,000 and interest rate of 2.25% just wanted to know if it is a good deal for investment?
Joseph Firmin
Rental Property Investor from Smyrna, GA
replied 3 months ago
Not enough information to answer. What would it rent for? What are expenses? Property management? Have you run it through the BP calculator? What is your mortgage payment? Walk through the numbers and they won't lie.