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Real Estate Deal Analysis & Advice

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Jason C.
  • Philadelphia, PA
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13
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Bought two houses and rented them out.Good,okay or bad??

Jason C.
  • Philadelphia, PA
Posted Jul 26 2014, 16:32

Long time reader, first time poster. I just bought two houses and fixed them and rented them out.. I would really appreciate anyone to chime I'm to see if I good deal or not and if my rents are good enough. I paid cash for both deals.

First house 

Purchase Price - 27,990

Rehab cost - 8,000

Rent - 850

Second House

Purchase Price - 29,600

Rehab - 2,500

Rent - 775

Thanks for all input. This is in Philadelphia Area

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