Deal Analysis Help, Lake Edward
https://www.zillow.com/homes/for_sale/60649029_zpid/3-_beds/2-_baths/0-130000_price/0-474_mp/36.9289,-75.980244,36.703522,-76.280994_rect/11_zm/
The address is 6030 Margate Ave, and it is near Lake Edward. It is a 3/2 1260 sqft townhome selling for 60k. The price was just cut 45k last month. Tax records assess it at 99k and I would guess it would rent for 800-1k. Does anyone else have rentals in the area? I am curious why it is so cheap and why it has been on the market for 250 days.