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Updated about 8 years ago on . Most recent reply

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Michelle Honauer
  • Brick, NJ
5
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Could anyone help me analyze this deal?

Michelle Honauer
  • Brick, NJ
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

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Cara Lonsdale
  • Realtor and Investor
  • Scottsdale, AZ
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Cara Lonsdale
  • Realtor and Investor
  • Scottsdale, AZ
Replied

Are closing costs really that inexpensive in NJ?  If this were an AZ deal, I would recommend estimating 3% for closing costs.  So, unless you have virtually no fees in NJ, then your estimate of $2,500 is low.

That was the first thing to jump out at me.

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