Possible first property. What do you think?

[Justin Seng]

Possible first investment property: BRRRR Up for $75,000 3 bed 1 bath (On market 286 days) Purchase $60K Rehab $10K Closing Costs $3K ARV $100K Cash Purchase or Hard money if it works and I can get it Refi after 6 months for 70% ARV... $70K (30 year at 3.8%) Loan Fees: $2500 Rent: $1250 Payment: $325 Cap Ex/Repairs: $125 Vacancy: $60 Insurance: $75 Taxes: $365 Cash Flow $300 Total invested $5500