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Real Estate Deal Analysis & Advice

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Romel Pierre
  • Investor
  • Berlin, NJ
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Is this a good deal or not.

Romel Pierre
  • Investor
  • Berlin, NJ
Posted Aug 27 2016, 04:31
Planning to buy this condo that worth about 65k. 2 bedrooms first floor 828 square foot. It's being sold for 30k with minimal work to be done which will cost up to 1k. Condo fees=161 monthly HOA =33 monthly Taxes about 184 monthly. The rent is about 1100 monthly. It seems like a pretty good deal to me but would like to hear from the experts on this platform. Any thoughts or suggestions will be greatly appreciated.