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Updated about 6 years ago on . Most recent reply

User Stats

27
Posts
4
Votes
Eliazer Berkovitz
  • Investor
  • Brooklyn, NY
4
Votes |
27
Posts

Advice on a deal in Newark NJ 07104

Eliazer Berkovitz
  • Investor
  • Brooklyn, NY
Posted

I am about to sign a contract on a deal in Newark NJ 07104

I am looking to talk to someone that has bought and rents properties in that area.

The deal: Single family unit, 2 bedroom 1 bathroom. 

I can close for 60K, Projected repairs is 30k. Projected monthly rent $1200-$1400, Tax $2100

Does it sound like a deal?

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