Is this a good deal?

2 Replies

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  • Rental Property Investor · Yardley, PA · Member since 2008 · 1k+ posts · 561 votes
    11y

    Not enough info. You need to run all of the numbers through a rental calculator, including ALL expenses.

  • Investor · Lubbock, TX · Member since 2015 · 308 posts · 106 votes
    11y
    What is the property worth? If $215k + repairs still leaves you 10-20% under the appraisal value, then it might be a good deal. (still need to run the numbers and analyze the area)
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