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Real Estate Deal Analysis & Advice

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Brandon R
  • Appraiser
  • Hoopeston, IL
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27
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Please advise on rental deal...

Brandon R
  • Appraiser
  • Hoopeston, IL
Posted Sep 28 2008, 03:52

Is this a good rental buy???

Purchase price: $20,000 / Market Value $25,000

Yearly Taxes: $34.00 Monthly
P/I: $155.00 (7% at 20yr amortization)
Insurance: $20.00 Monthly
???????: ????

Rent $450.00

Thank you for any help....

Brandon

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