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Real Estate Deal Analysis & Advice

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Gabrielle Woodard
  • Mesa, AZ
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Is this a good deal?

Gabrielle Woodard
  • Mesa, AZ
Posted Jul 8 2014, 09:40

I recently come across a rental property that is being sold for 146,500. The ARV is 197,000 with comps in the area going as high as 220,000. It also already has tenants living there paying monthly $1,020. It is being sold as is and can be bought and flipped or continue to be rented out the way it is right now. Is this a potential deal or not?

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