Is this a good deal for buy and hold?
need a little help figuring this out as i am still new. let me know if i forgot to consider something. These are just some raw numbers, so if someone could help me make a little more sense of them that would be great!!
Location: Awesome, right in front of ivy league collage gates
Cost:65k
Rehab for rental: 50k ( it is a mess and needs a lot of work,but after this all major repairs will be done)
Rents for: $1200-$1500 month
Property taxes: $2800/year
Probably pay cash at first and later refiance out.
Any insights would be great!